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Hologic Inc.

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Hologic Inc. of Bedford, a developer of technology for digital radiography and breast imaging, and Cytyc Corp. of Marlborough, both in Massachusetts, a manufacturer of imaging systems for cervical cancer screening, have completed their merger. Under the terms of the agreement, the latter company’s shareholders received 0.52 shares of the former’s stock and $16.50 for each share of Cytyc stock they held. The total consideration paid to the shareholders was approximately $6.2 billion. The Marlborough-based company is now a wholly owned subsidiary of Hologic.Read full article

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    Published: December 2007
    Glossary
    digital radiography
    Medical diagnostic (x-ray) imaging using laser printers to produce high-resolution digital hard copy instead of film exposed by phosphor-intensifying screens, thus providing radiologists with greater detail.
    Biophotonicsdigital radiographyHologic Inc.News & Features

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