I suspect that AC tried to develop a PM to make the AC in the Cloud service more attractive, which would provide another revenue stream and ensure enough money to remain competitive as the industry shakes out. And it would allow AC to keep the license fees relatively low.
A lot of doctors around here have cloud based eClinicalWorks due to the lower upfront costs.
When the PM failed, AC had to find a white knight. AC in the Cloud isn't going to be popular if you have to maintain a network anyway for a PM.
And that, I believe, is the rest of the story.
