Medicsight changes name to MGT Capital Investments

Computer-aided detection (CAD) firm Medicsight of London has changed its corporate name to MGT Capital Investments.

MGT said the new name reflects its position as the parent company to Medicsight, a medical imaging software developer, and Medicexchange, an online multivendor sales channel for diagnostic, treatment, and surgery planning technology.

MGT also noted that it has cash and cash equivalents of $40 million, and said it plans to accelerate the commercialization of the products developed by its subsidiaries.

By AuntMinnie.com staff writers
January 29, 2006

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