Cardiac Science has agreed to sell its diagnostic cardiology product line to Mortara Instrument Inc.
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With this sale, Cardiac Science hopes to focus exclusively on its resuscitation-products business, having a high growth margin.
While Mortara Instrument Inc. hopes to utilize this acquisition to introduce its leading ECG technology into new markets.
The shares of Opto Circuits were hiked by 0.91% following this dealing.
Source-Medindia