Ultrasound simulator developer Medaphor will pay up to $4.9m in shares to acquire University of Oxford spinout Intelligent Ultrasound.
Intelligent Ultrasound, a UK-based image analysis spinout from University of Oxford, has been acquired by fellow ultrasound developer Medaphor in a deal worth up to £3.6m ($4.9m).
The all-share transaction provides an exit for the university’s tech transfer office Oxford University Innovation, which had backed a £610,000 seed round in 2012.
Founded in 2012, Intelligent Ultrasound offers image analysis software to process ultrasound scans with modern techniques that improve the data quality for practitioners. It is based on research by…
