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Cascade eyes AcuNetx purchase for optical tech growth

This article was originally published in Clinica

Executive Summary

Imaging firm Cascade Technologies is aiming to boost its product portfolio after signing a letter of intent to purchase AcuNetx. As well as serving the law enforcement, communications and workplace safety industries, AcuNetx manufactures diagnostic, analytical and therapeutic devices that help healthcare providers diagnose and treat balances disorders and bone deficiencies. Cascade (Beverly Hills, California) described these technologies as being complementary to its own range of medical imaging products, which includes noninvasive imaging systems, originally developed for satellite reconnaissance, but now used to diagnose cancer and precancerous conditions. Financial terms within the letter of intent were not disclosed.

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