Intermagnetics General to pay $100 million for MRI Devices
This article was originally published in Clinica
Intermagnetics General is to pay $100m in cash and stock to acquire radiofrequency coil maker MRI Devices. It says the business is complementary to its existing subsidiary, Medical Advances, which makes RF coils principally for imaging extremities. MRI Devices' strength lies in coils for cardiovascular and neurovascular applications, and it also has a portfolio of "high value-added products that serve the broader MRI market".