Add-on Acquisition • Information Technology

TeraRecon Acquires McCoy Medical Technologies

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

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

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M&A Deal Summary

Date June 1, 2017
Target McCoy Medical Technologies
Sector Information Technology
Buyer(s) TeraRecon
Deal Type Add-on Acquisition

Target Company

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 Overview 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 Context for Buyer #
Overall 1 of 1
Sector: Information Technology 1 of 1
Type: Add-on Acquisition 1 of 1
Country: United States 1 of 1
Year: 2017 1 of 1