Vitera paying $644 million for firm

TAMPA — Carrollton, Ga.-based Greenway Medical Technologies Inc. has reached a definitive agreement to sell the company to Vitera Healthcare Solutions LLC of Tampa. Greenway Medical Technologies provides software, including for electronic health records, to health care providers.

Following the closing of the transaction, the Vitera and Greenway businesses will serve nearly 13,000 medical organizations and 100,000 providers.

Under the terms of the deal, Vista Equity Partners, which owns Vitera Healthcare Solutions, will pay Greenway stockholders $20.35 in cash for each share of Greenway common stock. The price represents a 62% premium to Greenway's 90-day volume weighted average stock price, and a 20% premium to Greenway's share price the day before the merger agreement was signed.