Merge completes OIS acquisition

Healthcare IT and advanced visualization developer Merge Healthcare has completed its acquisition of Ophthalmic Imaging Systems (OIS).

With the purchase, Merge adds to its portfolio OIS' electronic health record (EHR) and practice management system, a digital image management product, and a modular imaging device designed to capture images of both the anterior and posterior segments of the eye.

OIS shareholders received 0.1693 shares of Merge common stock for each share of OIS common stock. The aggregate value of the Merge common stock will be approximately $30.3 million before anticipated costs related to outstanding OIS debt, options, and warrants.

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