Intravenous products: ocbj.com report “Christie Digital Systems Inc. of Cypress said Wednesday it bought the assets of Luminetx Corp., a Memphis-based medical device maker, for an estimated $15 million.
With the deal, Christie, a maker of projectors used to show movies in theaters, is creating a new business called Christie Medical Holdings Inc. to enter the medical imaging industry.
Luminetx makes the VeinViewer, a vessel imaging system that allows healthcare providers to clearly see accessible veins for clinical treatments and procedures such as intravenous insertions.
Christie Digital is part of Ushio Inc., a Japanese maker of halogen lights that has its U.S. base in Cypress. Ushio makes lamps that go inside Christies projectors.”
Click here for the full story.