VirtualScopics: Biotelemetry closes $16m VirtualScopics buy

BioTelemetry (NSDQ:BEAT) said yesterday that it closed its $15.5 million acquisition of clinical trial imaging provider VirtualScopics (NSDQ:VSCP), approximately 6 weeks after the deal was 1st announced. The all-cash buyout of Rochester, N.Y.-based VirtualScopics included a $4.05-per-share tender for roughly 3 million VirtualScopics shares. BioTelemetry also offered $336.50 per share for the company's Series A and [...]The post Biotelemetry closes $16m VirtualScopics buy appeared first on MassDevice.