Don’t miss the latest developments in business and finance.

Opto Circuits acquires US-based Unetixs Vascular

Image
BS Reporter Mumbai
Last Updated : Jan 20 2013 | 1:04 AM IST

Opto Circuits (India) Ltd has informed BSE that the company has acquired US-based Unetixs Vascular Inc for a cash consideration of approximately $9.7 million.

The US-based entity designs and manufactures technically advanced, USFDA approved non-invasive vascular diagnostic systems.

It is a specialist in the detection of peripheral arterial disease (PAD).

Shares of Opto Circuits traded lower by 1 per cent during the morning trading session on Tuesday.

At 11am, the stock was trading at Rs 260.45, down Rs 2.95 or 1.12 per cent.

More From This Section

First Published: Jul 27 2010 | 12:04 PM IST

Next Story