The long planned acquisition of Emageon by Boston-based AMICAS, Inc. was completed on April 3. As part of the purchase agreement, Emageon’s board of directors resigned their posts (scroll down). Shareholders concerned about the details of the merger filed a lawsuit in Boston early last month. A settlement agreement was reached on March 27 according to The Birmingham News.
Yesterday, employees at the Emageon’s Birmingham headquarters learned that it would be closing. According to buzz on Twitter beginning yesterday afternoon, they also learned of more than 100 planned layoffs (many in Birmingham) to take place by September 30.