Volcano set to pick up OCT (optical coherence tomography) technology
This article was originally published in Clinica
Executive Summary
Volcano is looking to expand on its position in the imaging technology market with the acquisition of CardioSpectra, a company developing optical coherence tomography (OCT) technology. The all-cash deal, which is expected to close by the end of the year, will see Volcano pay $25m on closing and additional payments on the back of certain milestones.