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Biosensors International Group Ltd Announces Completion Of Acquisition Of Spectrum Dynamics

Sunday, 26 May 2013 07:06am EDT 

Biosensors International Group Ltd announced the completion of its acquisition of substantially all assets of Spectrum Dynamics, engaged in advanced functional assessment technologies, including those used to evaluate patients for cardiac interventions. The deal consideration is approximately USD51 million, with potential earn-out payments upon fulfilling certain performance criteria. Under the terms of the deal, the two companies will also create a joint venture aimed at developing future non-cardiac applications. 

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22 Aug 2014