May 10 2011
Roper Industries, Inc. (NYSE: ROP) today announced that it has signed a definitive agreement to acquire Northern Digital, Inc., a leading provider of 3-D measurement technology for medical applications. Northern Digital will become part of Roper's medical platform.
Headquartered in Waterloo, Ontario, Canada, Northern Digital provides optical and electromagnetic measurement systems for medical and industrial applications. NDI's technology is critical for the growing fields of computer-assisted surgery, computer-assisted therapy and image-guided radiation treatment. In addition, the Company's technology is utilized by advanced manufacturers for optical tracking and non-contact 3-D measurements.
"Northern Digital is an excellent addition to our medical platform, joining Verathon and CIVCO Medical Solutions with technology and applications to improve patient outcomes while increasing productivity for doctors and hospitals," said Brian Jellison, Roper's Chairman, President and CEO. "We welcome Northern Digital's outstanding leadership team to Roper and look forward to working together to enhance the value of the business."
SOURCE Roper Industries, Inc.