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Omnicell to buy mobile cart technology maker for $26 mln

Fri Nov 30, 2007 6:21am EST

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Nov 30 (Reuters) - Omnicell Inc. (OMCL.O) said it agreed to acquire privately held Rioux Vision Inc, which designs mobile cart technology, for about $26 million in cash.

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Mountain View, California-based Omnicell, which provides patient safety technology, expects the deal to boost its 2008 revenue growth by about 5 percent to 6 percent, but hurt its earnings by about 5 cents a share. (Reporting by John Tilak in Bangalore; Editing by Anil D'Silva)

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