M&A Deal Summary

Radformation Acquires Limbus AI

On May 1, 2024, Radformation acquired information technology company Limbus AI

Acquisition Highlights
  • This is Radformation’s 1st transaction in the Information Technology sector.
  • This is Radformation’s 1st transaction in Canada.
  • This is Radformation’s 1st transaction in Saskatchewan.

M&A Deal Summary
Date 2024-05-01
Target Limbus AI
Sector Information Technology
Buyer(s) Radformation
Deal Type Add-on Acquisition

Target

Limbus AI

Regina, Saskatchewan, Canada
website
Limbus AI specializes in the creation of artificial intelligence (AI)-driven automatic contouring algorithms performed entirely on customers’ existing clinical workstations within the security of their local network. Limbus AI is based in Regina, Saskatchewan.

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Buyer(S) 1

Buyer

Radformation

New York, New York, United States

website

Category Company
Founded 2016
Sector Healthcare Services
DESCRIPTION

Radformation is a provider of automation solutions for cancer care committed to improving the lives of clinicians by delivering user-friendly products developed to increase the safety and quality of cancer treatment. Radformation is based in New York City.

DEAL STATS #
Overall 1 of 1
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Saskatchewan) 1 of 1
Country (Canada) 1 of 1
Year (2024) 1 of 1
Mergr

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