Deal Announcements

Volcano Corp Acquires CardioSpectra For Cash

Tuesday, December 11, 2007 5:30:00 AM PDT | VentureDeal Staff

SAN ANTONIO, TX -- Medical device company Volcano Corporation announced a definitive agreement to acquire CardioSpectra, Inc. (no known website) for $25 million in an all cash transaction.

CardioSpectra is developing an optical coherence tomography diagnostic catheter that allows doctors to better predict the likelihood that a patient will suffer a heart attach based on vascular plaque.

Under the terms of the agreement, Volcano may also make additional payments based on the achievement of certain product development, regulatory and revenue milestones.

Email Page  Email Page | Print Page Print Page

Free Trial

Want unlimited access to the complete database with thousands of technology companies, VCs and transactions for only $25 per month?

Start your Free 14 Day Trial now – no obligation or credit card required.

Free 14 day trial. No Obligation. Click to Register.
Venturedeal Twitter Venturedeal Facebook Venturedeal Linkedin

PCI - Level1