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  5. TeraRecon Acquires McCoy Medical Technologies

M&A Deal Summary

TeraRecon Acquires McCoy Medical Technologies

On June 1, 2017, TeraRecon acquired information technology company McCoy Medical Technologies

Acquisition Highlights
  • This is TeraRecon’s 1st transaction in the Information Technology sector.
  • This is TeraRecon’s 1st transaction in the United States.

M&A Deal Summary
Date 2017-06-01
Target McCoy Medical Technologies
Sector Information Technology
Buyer(s) TeraRecon
Deal Type Add-on Acquisition

Target

McCoy Medical Technologies

United States
McCoy Medical Technologies LLC is a developer platform and API interface for algorithm developers, partners and end users. McCoy facilitates the streamlined distribution and hospital implementation of evidence-based practices and trained machine learning algorithms via a vendor neutral distribution platform.

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Buyer(S) 1

Buyer

TeraRecon

Durham, North Carolina, United States
Category Company
Founded 1997
Sector Medical Products
DESCRIPTION

TeraRecon, Inc. is an independent, vendor neutral medical image viewing solution provider with a focus on advanced image processing innovation. TeraRecon’s solutions advance the accessibility, performance, clinical functionality and medical imaging workflow throughout many areas of the healthcare ecosystem. TeraRecon, Inc. was founded in 1997 and is based in Foster City, California.

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