Stockholm-based radiation oncology firm Elekta has agreed to acquire Italian stereotactic radiosurgery and intensity-modulated radiation therapy (IMRT) firm 3D Line Medical Systems.
Elekta will pay $13.3 million (U.S.) for the company's assets, and could pay as much as $10 million more based on performance goals over the next three years.
3D Line's product portfolio includes equipment and treatment-planning software systems for radiation therapy. The company reported net sales of approximately $7.8 million in 2006.
The transaction is pending customary closing conditions and regulatory approval.
By AuntMinnie.com staff writers
March 23, 2007
Related Reading
Elekta to deliver MEG device, February 26, 2007
Elekta lands MEG contract, April 11, 2006
Elekta, 3D Line Medical sign deal, April 7, 2006
Elekta buys BMEI, March 31, 2006
Elekta gets Polish Synergy install, March 15, 2006
Copyright © 2007 AuntMinnie.com
