8K Miles Software Services, a leading provider of secure Cloud solutions and managed services for highly regulated industries and enterprise information technology business transformation solutions, today announces the closing of Cornerstone Advisors Group, LLC acquisition, a national leader in health information technology advisory and implementation services.

The acquisition brings the world-class Cloud hosting and technology solutions of 8K Miles to Cornerstone's clients, allowing them to further optimize their EHR efforts, manage data more effectively, improve patient care, and reduce healthcare costs.

Suresh Venkatachari, Chairman and Chief Executive Officer of 8K Miles, said, "Our existing Cloud and security platforms coupled with Cornerstone's management consulting, healthcare information technology implementation, and advisory services enhances 8K Miles' mission of guiding the U.S. healthcare industry in Cloud managed services, secured Cloud solutions, and strategy consulting."

Shares of the company gained Rs 3.55, or 0.63%, to trade at Rs 567.00. The total volume of shares traded was 2,360 at the BSE (10.08 a.m., Tuesday).