Pro Medicus (ASX: PME) will be ideally placed to increase its focus on the growth of its Radiology Practice Management and Visage Imaging 3D/digital imaging products with the sale of its Amira software platform business.
The sale to a Europe-based information technology (IT) company will enhance Pro Medicus’ balance sheet by A$14.8 million (€12 million).
Pro Medicus bought the Amira business as part of its acquisition of Visage Imaging from Mercury Computer Systems in February 2009.
The transaction, which is subject to due diligence and finalisation of a formal purchase and sale agreement, is expected to be completed by 31 July 2012.
Key growth
Pro Medicus, a medical IT and e-health provider, is focused on the adoption of its digital technology by radiology providers as they move away from analogue systems.
In late January 2009, the company announced the acquisition of Visage Imaging – a provider of advanced 3D visualisation technology.
The sale of its Amira business will provide Pro Medicus sufficient additional resources to continue to grow its Radiology Practice Management and Visage Imaging 3D/digital imaging products in Australia and the key markets of Europe and North America.
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