Opto Circuits Agrees to Sell Diagnostic Cardiology Products to Mortara Instrument

by Raja Nandhini on  April 2, 2013 at 3:29 AM Corporate News
RSS Email Print This Page Comment
Mortara Instrument Inc. of Milwaukee has signed an agreement to acquire the cardiac diagnostic product line from Cardiac Science, which is a part of Opto Circuits.

Cardiac Science has agreed to offer its support to diagnostic cardiology business during the transition period.
 Opto Circuits Agrees to Sell Diagnostic Cardiology Products to Mortara Instrument
Opto Circuits Agrees to Sell Diagnostic Cardiology Products to Mortara Instrument
Advertisement

With this sale, Cardiac Science hopes to focus exclusively on its resuscitation-products business, having a high growth margin.

Advertisement
While Mortara Instrument Inc. hopes to utilize this acquisition to introduce its leading ECG technology into new markets.

The shares of Opto Circuits were hiked by 0.91% following this dealing.

Source: Medindia
Advertisement

Post your Comments

Comments should be on the topic and should not be abusive. The editorial team reserves the right to review and moderate the comments posted on the site.
* Your comment can be maximum of 2500 characters
Notify me when reply is posted
I agree to the terms and conditions

More News on:

Cardiomyopathy 
Advertisement

News A - Z

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

News Search

Medindia Newsletters

Subscribe to our Free Newsletters!

Terms & Conditions and Privacy Policy.

Advertisement

Advertisement
Advertisement

Stay Connected

  • Available on the Android Market
  • Available on the App Store

Facebook

News Category

News Archive