Siemens: Healthineers closes acquisition of Epocal.
(CercleFinance.com) - Siemens Healthineers confirmed on Wednesday that it has completed the acquisition of Epocal from Abbott to complete its blood gas portfolio.
Epocal develops point-of-care blood diagnostic systems for healthcare enterprises, including handheld, wireless testing solutions. The deal was closed yesterday, 31 October.
Financial details were not disclosed.
Siemens Healthineers, Siemens' separately managed medical technology business, is set to be floated in Frankfurt by Siemens in due course.
Healthineers was worth up to 40 euros last summer. Its IPO could raise around 5 billion euros.
Copyright (c) 2017 CercleFinance.com. All rights reserved.
Epocal develops point-of-care blood diagnostic systems for healthcare enterprises, including handheld, wireless testing solutions. The deal was closed yesterday, 31 October.
Financial details were not disclosed.
Siemens Healthineers, Siemens' separately managed medical technology business, is set to be floated in Frankfurt by Siemens in due course.
Healthineers was worth up to 40 euros last summer. Its IPO could raise around 5 billion euros.
Copyright (c) 2017 CercleFinance.com. All rights reserved.