{"id":86378,"date":"2010-08-18T18:00:37","date_gmt":"2010-08-18T10:00:37","guid":{"rendered":"https:\/\/wp-productionenv-bjg9h2g2bgg5b8aa.southeastasia-01.azurewebsites.net\/news\/gilat-to-receive-more-than-24-million-from-merger-of-health-information-firms\/"},"modified":"2010-08-18T18:00:37","modified_gmt":"2010-08-18T10:00:37","slug":"gilat-to-receive-more-than-24-million-from-merger-of-health-information-firms","status":"publish","type":"post","link":"https:\/\/starpath.global\/news\/gilat-to-receive-more-than-24-million-from-merger-of-health-information-firms\/","title":{"rendered":"Gilat to Receive More Than $24 Million From Merger of Health Information Firms"},"content":{"rendered":"<p>[08-17-10] <strong>Gilat Satellite Networks Ltd.<\/strong> will receive more than $24 million in cash proceeds from the merger of <strong>Ingenix<\/strong> and <strong>Axolotl<\/strong>, Gilat announced Aug. 17.<br \/>\n&nbsp;&nbsp;&nbsp;&nbsp; Ingenix, a health information technology and services company, announced Aug.  16 that it is acquiring Axolotl, a provider of health information exchange services. <br \/>\n&nbsp;&nbsp;&nbsp;&nbsp; As part of Gilat\u2019s investment policy, Gilat invested about $4.5 million in Axolotl more than 10 years ago. During the global economic downturn of 2000 and 2001, Gilat wrote off this investment. \t<br \/>\n&nbsp;&nbsp;&nbsp;&nbsp; Under the terms of the merger agreement, Gilat is to receive about $24 million immediately and subject to certain standard escrow conditions, may receive an additional $3 million in a year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[08-17-10] Gilat Satellite Networks Ltd. will receive more than $24 million in cash proceeds from the merger of Ingenix and Axolotl, Gilat announced Aug. 17. &nbsp;&nbsp;&nbsp;&nbsp; Ingenix, a health information technology and services company, announced Aug. 16 that it is acquiring Axolotl, a provider of health information exchange services. &nbsp;&nbsp;&nbsp;&nbsp; As part of Gilat\u2019s investment [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[],"class_list":["post-86378","post","type-post","status-publish","format-standard","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/86378"}],"collection":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/comments?post=86378"}],"version-history":[{"count":0,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/86378\/revisions"}],"wp:attachment":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media?parent=86378"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/categories?post=86378"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/tags?post=86378"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}