Merge reacquires China unit

AuntMinnie.com staff writers
Jan 6, 2009

Healthcare IT and advanced visualization developer Merge Healthcare said it has reacquired its Cedara Software Shanghai (ShanghaiCo) unit.

The planned sale of ShanghaiCo to Inqgen Technology of Taipei, Taiwan, which was announced in March 2008 by former Merge executives but was never finalized, was terminated by mutual agreement by both parties, according to Merge of Milwaukee.

The company said the reacquisition, along with the termination of a planned divestiture of its European operations, positions the firm to execute on its global strategy. Merge OEM director of Asia business operations Zhong Wang will immediately assume management of the Shanghai operations.

Related Reading

Merge teams with IBM, December 8, 2008

Merge launches software exchange program, December 3, 2008

Merge unveils two new Web products, November 25, 2008

Merge releases new MergeCOM toolkit, November 20, 2008

Merge debuts mobile app for iPhone, November 13, 2008

Copyright © 2009 AuntMinnie.com

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