SonoSite snaps up Visualsonics
This article was originally published in The Gray Sheet
Executive Summary
Maker of hand-carried ultrasound systems is looking to adapt Visualsonics' "micro-ultrasound" technology for clinical applications after acquiring the firm for $71 million on May 27. Privately held Visualsonics makes ultra high-frequency micro-ultrasound devices for the pre-clinical research market, including the visualization of superficial anatomy on small living animals with microscopic detail, SonoSite explains. The technology can discern features as small as 40 microns versus 200 microns for conventional ultrasound, and it "has the potential to pave the way for a new era of extreme high-resolution ultrasound imaging of superficial anatomy in clinical medicine," the company says. Toronto-based Visualsonics had $30 million in sales over the past 12 months