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Article Excerpt
In order to combine forces on expanding CAD technology, Merge Healthcare Incorporated (NASDAQ: MRGE), a leading health IT solutions provider, and Confirma, Inc., the largest privately-held developer of computer assisted detection (CAD) software for medical imaging, announce that they have entered into a definitive agreement for Merge to acquire Confirma in an all-stock transaction. This acquisition brings Confirma's patented and proven technologies to Merge's multiple market channels and international markets, and provides a mechanism to expand adoption of this important technology.
According to Michael Middleton, Assistant Clinical Professor of Radiology, University of California San Diego Medical Center, "The long-term opportunity for CAD in diagnostic...
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