This excerpt taken from the WBMD 10-K filed Mar 16, 2006.
Recent Public Portals Acquisitions
On December 2, 2005, we acquired the assets of and assumed certain liabilities of Conceptis, a Montreal-based provider of online and offline medical education and promotion aimed at physicians and other healthcare professionals, for $19.0 million in cash. Conceptis has developed a strong online presence in the cardiology community primarily through its flagship site, www.theheart.org. Through our acquisition of Conceptis, we now have the capability to conduct in-person CME and produce and capture live presentations and panel discussions of CME. See Publishing and Other Services Offline CME Services. For additional information about this acquisition, see Note 5 to the Consolidated Financial Statements included in this Annual Report.
On January 17, 2006, we acquired eMedicine.com, Inc. (which we refer to as eMedicine), an online publisher of medical reference information for physicians and other healthcare professionals, for $25.5 million in cash. Thousands of physician authors and editors contribute to the eMedicine Clinical Knowledge Base, which contains articles on 7,000 diseases and disorders. The evidence-based content, updated regularly, provides the latest practice guidelines in 59 medical specialties. eMedicines consumer site, www.eMedicineHealth.com, contains articles written by physicians for consumers.