SonoSite acquires technology tracking firm LumenVu
This article was originally published in Clinica
Executive Summary
Hand-carried ultrasound manufacturer SonoSite has acquired LumenVu, a development-stage company specialising in tracking technology to improve the placement of catheters. SonoSite (Bothell, Washington) expects the acquisition to improve its position in the vascular access market and provide a recurring revenue stream via products based on LumenVu's real-time bedside visualisation system (a device which combines near infrared light with standard catheter technology). These products are expected to hit the market by late 2008.