Monday, February 25, 2008

Opto Circuits to buy US firm for Rs 280cr

25 Feb 2008

Opto Circuits India has signed a definitive agreement to buy US-based Criticare Systems.

According to a release issued by Opto to the BSE today, the deal is valued at Rs 280 crore ($70 million).

Criticare Systems is in the business of manufacturing vital sign monitors, anesthesia monitors and pulse oximeters, the release added.

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