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Article: Deals roundup.
- Article from:
- Medical Device Daily
- Article date:
- July 11, 2003
CopyrightCOPYRIGHT 2003 A Thomson Healthcare Company. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Deals roundup
Merge Technologies to buy RIS Logic for cash and stock
A Medical Device Daily Staff Report
Merge Technologies (Milwaukee, Wisconsin), which does business as Merge eFilm, said it has signed a definitive agreement to acquire RIS Logic (Solon, Ohio), a privately held company that develops and supports radiology information systems (RIS) software.
The acquisition price of all RIS Logic shares is $2.725 million in cash plus 772,000 shares of Merge Technologies common stock and the issuance of replacement employee stock options.
The acquisition of RIS Logic is an important strategic milestone in our evolution as a ...