Virtual Radiologic Corp. is becoming the undisputed king of teleradiology. The newly private company in Eden Prairie, Minnesota, said Monday it would buy top rival NightHawk Radiology Holdings Inc. for $170 million, or $6.50 a share. The deal would give the combined company $278 million in annual revenue and access to 325 radiologists serving 2,700 healthcare facilities in all 50 states.
There was every reason to expect Virtual Radiologic Corp. (NASDAQ: VRAD) to become Minnesota’s next medical technology star. The company, based in Eden Prairie, was one of the last local firms to go public, raising $68 million from its initial public offering in November 2007. Virtual was one of only two national players to dominate […]
Munck Wilson Mandala Partner Greg Howison shared his perspective on some of the legal ramifications around AI, IP, connected devices and the data they generate, in response to emailed questions.