BusinessCompany NewsBidders lining up for iSoft

Bidders lining up for iSoft

At least two companies showing interest

BT and US tech firm Computer Sciences Corporation (CSC) are two companies
that are believed to be interested in a possible bid for embattled software
group iSoft, according to the BBC.

This follows a sharp rise in the iSoft share price last Friday after it
secured fresh bank financing.

CSC is also one of the companies contracted to the massive NHS IT upgrade
project, to which iSoft is also contracted to provide software.

iSoft is being investigated for alleged accounting irregularities after
finally posting annual results last week after long delays.

The firm made a £344m loss last year.

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