Opto Circuits’ subsidiary, Cardiac Science, has signed a definitive agreement to sell its Diagnostic Cardiology product line to Mortara Instrument, Inc. for an estimated consideration of $21 million.
The transaction does not include MySense, the novel, wearable, single patient ECG recorder system and the resuscitation business unit that markets automated external defibrillators (AEDs) worldwide.
Opto Circuits India is a multinational medical device company headquartered out of Bengaluru, India. The company designs, develop, manufacture, market and distribute a range of medical products that are used by healthcare establishments in more than 150 countries.