WebMD Cancels MTS Acquisition

WebMD (Nasdaq: WBMD) and Marketing Technology Solutions Inc. (akak QualityHealth.com), an Edison, N.J.-based interactive marketing company to healthcare consumers, have mutually terminated their merger agreement. No explanation was provided. The original deal was to have included a $50 million up-front payment and up to $25 million in earn-outs. MTS has raised around $11.6 million in VC funding since 2000, from Hudson Venture Partners, Lazard Technology Partners and Palisade Capital Management.

North AmericaUSBriefs