Nuclear medicine vendor Digirad has closed on its acquisition of Suwanee, GA-based Ultrascan, a provider of mobile ultrasound and nuclear medicine services.
Digirad paid $7.25 million in cash and assumed $1.5 million of debt. The Poway, CA, company also could pay up to an additional $3.85 million in cash and stock if Ultrascan achieves certain financial milestones over a four-year period.
Ultrascan provides mobile ultrasound services to more than 100 clients through a 32-unit mobile fleet, as well as fixed-site nuclear imaging services at physician offices, clinics, and hospitals, primarily in Georgia.
By AuntMinnie.com staff writers
May 2, 2007
Related Reading
Digirad's revenues advance in 2006, February 20, 2007
Digirad updates 2006 guidance, January 12, 2007
Digirad shows Q3 revenue slump, October 31, 2006
Digirad posts revenue gains, trims loss, August 3, 2006
Digirad touts new high-def detectors, June 7, 2006
Copyright © 2007 AuntMinnie.com
