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Trimedyne Acquires Mobile Surgical

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IRVINE, Calif., Dec. 6 -- Trimedyne Inc. has acquired Mobile Surgical Technologies Inc., a Dallas-based provider of lasers and other technology equipment to hospitals and outpatient surgery centers on a service contract basis. Trimedyne acquired 100 percent of Mobile Surgical Technologies for $1 million worth of Trimedyne common stock. William J. Schubert, former president of MST, was named as Trimedyne's CEO and vice chairman. Acquiring MST will provide us with a strong distribution outlet for our products, said Shane H. Traveller, president and COO of Trimedyne. MST's fee-per-case...Read full article

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    Published: December 2000
    News & FeaturesLasers

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