M&A Deal Summary

Imagia Cybernetics Acquires Cadens Medical Imaging

On November 15, 2017, Imagia Cybernetics acquired information technology company Cadens Medical Imaging

Acquisition Highlights
  • This is Imagia Cybernetics’ 1st transaction in the Information Technology sector.
  • This is Imagia Cybernetics’ 1st transaction in Canada.
  • This is Imagia Cybernetics’ 1st transaction in Quebec.

M&A Deal Summary

Date 2017-11-15
Target Cadens Medical Imaging
Sector Information Technology
Buyer(s) Imagia Cybernetics
Deal Type Add-on Acquisition

Target

Cadens Medical Imaging

Montreal, Quebec, Canada
Cadens Medical Imaging is a technology leader in medical imaging software. Cadens has developed and marketed FDA and CE cleared innovative medical imaging software products for cancer care. An ISO 13485 company, Cadens has extensive experience in delivering patient benefits through AI-based software products. Cadens created and validated unique foundational technologies and intellectual property intended to enable Imagia to foster new collaborative biomarker discovery processes that will scale across multiple healthcare institutions.

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Buyer(S) 1

Buyer

Imagia Cybernetics

Montreal, Quebec, Canada

Category Company
Founded 2015
Sector Information Technology
DESCRIPTION

Imagia is leveraging advances in AI to enable accessible personalized healthcare. Imagia’s primary goal is to foster AI-first collaborations to unite deep learning and clinical expertise, and to scale up the discovery of radiomics biomarkers to deliver impactful products and services to physicians and their patients. With its first focus on oncology, Imagia’s Deep Radiomics biomarkers will allow clinicians and pharmaceutical companies to predict a patient’s personalized disease progression and treatment response. Imagia’s custom-built clinical decision support systems & real-time AI solutions enable image-guided medical device manufacturers to improve interventional procedures.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Quebec M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2017 M&A 1 of 1