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Stock impact report

Veeva Systems (VEEV) Announces Acquisition of Ostro [Yahoo! Finance]

Veeva Systems Inc. Class A (VEEV) 
Last veeva systems inc. class a earnings: 3/3 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
The acquisition involves a purchase price of ~$100 million in cash and long-term equity retention grants, with the company operating as an independent unit under CEO Chase Feiger. Veeva Systems (VEEV) Announces Acquisition of Ostro Moving forward, the focus is on developing integrations between Ostro and Veeva Commercial Cloud applications that can help in seamless workflows, which can connect online and field engagements for increased customer centricity. Notably, Ostro happens to be a leading brand engagement platform revolving around life sciences. It offers patients and doctors compliant answers via an AI-led chat experience. Ostro continues to lead the way when it comes to supporting brands in making sure that patients and doctors get quicker access to accurate information, added Veeva Systems Inc. (NYSE:VEEV)'s CEO. Veeva Systems Inc. (NYSE:VEEV) specializes in cloud applications that are tailored for life sciences, such as pharma and biotech. While we acknowledge the Show less Read more
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