M&A Deal Summary

McKesson Acquires HBO

On October 19, 1998, McKesson acquired software company HBO for 14.1B USD

Acquisition Highlights
  • This is McKesson’s 1st transaction in the Software sector.
  • This is McKesson’s largest (disclosed) transaction.
  • This is McKesson’s 5th transaction in the United States.
  • This is McKesson’s 1st transaction in Georgia.

M&A Deal Summary

Date 1998-10-19
Target HBO
Sector Software
Buyer(s) McKesson
Deal Type Add-on Acquisition
Deal Value 14.1B USD

Target

HBO

Atlanta, Georgia, United States
HBO & Co is a Atlanta-based medical software provider.

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Buyer(S) 1

Buyer

McKesson

Irving, Texas, United States

Category Company
Founded 1833
Sector Information Technology
Employees45,000
Revenue 309.0B USD (2024)
DESCRIPTION
McKesson office in The Woodlands, Texas.
McKesson office in The Woodlands, Texas.

McKesson is a health care services and information technology company. McKesson helps its customers improve their financial, operational, and clinical performance with solutions that include pharmaceutical and medical-surgical supply management, health care information technology, and business and clinical services. McKesson was founded in 1833 and is based in Irving, Texas.


DEAL STATS #
Overall 5 of 51
Sector (Software) 1 of 10
Type (Add-on Acquisition) 5 of 41
State (Georgia) 1 of 4
Country (United States) 5 of 36
Year (1998) 2 of 2
Size (of disclosed) 1 of 18
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1998-08-03 Hawk Medical Supply

Pittsburgh, Pennsylvania, United States

Hawk Medical Supply, Inc. is a distributor of medical-surgical supplies in US. It provides group contracts with manufacturers for high-quality medical-surgical supplies, pharmaceuticals, medical equipment and office supplies. It thereby eliminates the costly and time-consuming tasks of maintaining various vendor relationships, executing multiple purchase orders and paying multiple invoices.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2002-05-02 ALI Technologies

Vancouver, British Columbia, Canada

A.L.I. provides marketleading enterprise medical imaging solutions, including PACS (picture archiving and communications systems), which are designed to streamline access to diagnostic information, automate clinical workflow and eliminate the need for film.

Buy $340M