LONDON: Surgical Science Sweden AB has reached agreement on the terms of a recommended cash acquisition of Intelligent Ultrasound Group by means of a court-sanctioned scheme of arrangement. Under the terms of the acquisition, Intelligent Ultrasound shareholders shall be entitled to receive 13 pence in cash for each share held. The acquisition price values the…
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3D Systems to sell Simbionix to Surgical Science Sweden for $305 million
ROCK HILL: 3D Systems has signed a definitive agreement to sell its medical simulation business, Simbionix, to Surgical Science Sweden AB for a purchase price of $305 million, a news release said. This action will complete 3D Systems’ initiative to divest non-core businesses in order to focus exclusively on its strategic purpose as the leader…