Oncidium Acquisition(Condensed version) With a loyal client base of over 500 corporate and public sector clients, Oncidium should raise CloudMD’s annual revenue to $140M. Oncidium has also just acquired a medical evaluation organization which should provide additional cost-saving synergies and value accretion. In short, this was a very well-positioned purchase by CloudMD and should further increase its value proposition.
So said 5iResearch last week. GLTA