India's Piramal Healthcare Ltd. (500302.BY) Wednesday said it has agreed to acquire U.S.-based health information-management company Decision Resources Group for $635 million.

Decision Resources Group, which provides web-enabled research, predictive analytics via proprietary databases and consulting services to the worldwide health care industry, is projected to achieve revenue of $160 million in 2012, the companies said in a joint statement.

The transaction is expected to close by June 30.

-By Rumman Ahmed, Dow Jones Newswires; 91-9845104173; rumman.ahmed@dowjones.com

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