Advertise With UsAdvertise on our extensive network of industry websites and newsletters.
Get the PBR newsletterSign up to our free email to get all the latest PBR
news.Diagnostic Imaging International, a teleradiology company, has completed its acquisition of Canadian Teleradiology Services, a provider of remote teleradiology service to hospitals and clinics, which was previously announced on September 25, 2008.
Subscribe to our email newsletter
Diagnostic Imaging International (DIIG) and Canadian Teleradiology Services (CTS) have entered into an acquisition agreement whereby DIIG acquired all of the outstanding shares of CTS.
In conjunction with the acquisition, DIIG closed $360,000 of its proposed $2 million private placement financing at a price of $0.15 per share.
Richard Jagodnik, CEO of Diagnostic Imaging International, said: “Today is a milestone in the growth of Diagnostic Imaging. The acquisition of CTS propels DIIG to the forefront of Teleradiology in Canada. We can now focus our resources on continuing the three year trend of year over year growth for CTS, while exploring other business expansion opportunities within the diagnostic imaging field in Canada and the US.”