Natus set to grow neurology offering with NeuroCom buy
This article was originally published in Clinica
Natus Medical is set to expand its neurology product line with the purchase of NeuroCom International, a firm specialising in the development of computerised systems for the assessment and rehabilitation of mobility disorders. Natus (San Carlos, California) expects to close the $18m cash deal in early October 2008 and, in doing so, affirm its position as the “market leader in neurology”. The firm, which also has products for sleep disorders, newborn care, hearing impairment and epilepsy, also said the deal would be immediately accretive to its earnings. Clackamas, Oregon-based NeuroCom has developed Computerized Dynamic Posturography (CDP) technology, which is designed to aid patients with balance disorders. It recorded revenues of $11.3m in the twelve months ended June 30 2008.