Ultrasound technology and subsystems provider Cephasonics has completed a management buyout of Samplify Systems' ultrasound business and assets.
The asset purchase agreement includes all ultrasound-related technology and intellectual property; integrated circuit, module, and system products; and customer, distribution, and partner relationships, according to Cephasonics, a new independent company.
The marketing, sales, and development team will join Cephasonics, and former Samplify vice president and general manager of ultrasound products Richard Tobias has been named CEO.
