Digirad completes acquisition of Ultrascan

AuntMinnie.com staff writers

May 1, 2007

Nuclear medicine vendor Digirad has closed on its acquisition of Suwanee, GA-based Ultrascan, a provider of mobile ultrasound and nuclear medicine services.

Digirad paid $7.25 million in cash and assumed $1.5 million of debt. The Poway, CA, company also could pay up to an additional $3.85 million in cash and stock if Ultrascan achieves certain financial milestones over a four-year period.

Ultrascan provides mobile ultrasound services to more than 100 clients through a 32-unit mobile fleet, as well as fixed-site nuclear imaging services at physician offices, clinics, and hospitals, primarily in Georgia.

By AuntMinnie.com staff writers
May 2, 2007

Related Reading

Digirad's revenues advance in 2006, February 20, 2007

Digirad updates 2006 guidance, January 12, 2007

Digirad shows Q3 revenue slump, October 31, 2006

Digirad posts revenue gains, trims loss, August 3, 2006

Digirad touts new high-def detectors, June 7, 2006

Copyright © 2007 AuntMinnie.com

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