Healthcare IT and advanced visualization developer Merge Healthcare of Milwaukee has completed its acquisition of MRI computer-aided detection (CAD) software developer Confirma of Bellevue, WA, in a stock swap valued at $22 million.
Confirma will be renamed Merge CAD and operated as a business unit of Merge led by Paul Budak, who most recently served as Confirma's vice president of research, development, and operations.
The combined business is now expected to widen the global adoption of CAD technology through Merge's international distribution network, as well as provide broader interoperability within healthcare IT enterprises.
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