Roper Technologies acquired Northern Digital Inc. (NDI) for US$205 million, a transaction completed in June 2011, structured as Acquisition of 100% of NDI's outstanding shares.
Northern Digital Inc. (NDI) operates in Medical and Scientific Imaging, is based in Canada (Waterloo, Ontario). Northern Digital Inc. (NDI) is a provider of 3-D measurement and optical/electromagnetic tracking technology used in computer-assisted surgery and computer-assisted therapy applications. Roper acquired 100% of NDI's shares, adding the business to its medical platform. The transaction closed on June 3, 2011.
Expands Roper's medical platform with proprietary 3-D measurement and tracking technology for computer-assisted surgery and therapy, broadening its portfolio of niche, high-margin medical technology businesses.
Advisory firms were not disclosed for this transaction.