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    Analogic (ALOG) to Acquire Ultrasonix Medical Corporation for $83M

    January 08 Jan 2013 | 11:46
     

    crwenews

     

     

    http://pennyomega.com/img/alog2.jpg ALOG, Analogic Corporation

    ** ALOG reported that it has signed an agreement to acquire privately held Ultrasonix Medical Corporation based in Vancouver, Canada for $83 million in cash.

    Ultrasonix is a supplier of advanced ultrasound systems for point-of-care and general imaging applications with over 5,000 systems installed worldwide.

    The purchase price paid to Ultrasonix shareholders will be funded out of ALOG‘s available cash balance. The transaction is expected to close in late February.

    http://pennyomega.com/img/alog_chart2.png

    ALOG provides leading-edge healthcare and security technology solutions to advance the practice of medicine and save lives.

    More about ALOG at www.analogic.com.

     

     

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