Vital Images and Toshiba restructure deal:
This article was originally published in Clinica
Executive Summary
Toshiba's medical systems business is to sell Vital Images' Vitrea 2 software through its subsidiaries and distributors in North and South America, Europe, the Middle East, Africa, Australia and Asia, excluding Japan. The deal, which includes a minimum worldwide revenue commitment of $4 million, supersedes and extends a deal between Minneapolis-based Vital Images and the US subsidiary of Toshiba, Toshiba America Medical Systems (TAMS). The new deal covers only higher-margin software and services, while under the original deal TAMS bought the hardware platform as well as software and services.