08:22 AM EDT, 06/04/2024 (MT Newswires) -- Evolent Health ( EVH ) said Tuesday it agreed to acquire certain assets from Machinify and a license of software platform Machinify Auth for $25 million in cash, plus an earn-out of up to $7 million.

The deal is expected to close in Q3, the company said.

Evolent said that upon closing, it will acquire certain assets and the exclusive license to Machinify Auth, and certain Machinify workers will become Evolent employees

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