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Datascope Closes Artema Acquisition

Medical device maker Datascope Corp. has acquired Artema Medical AB.

By: Christina Zarrello

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Medical device maker Datascope Corp. said Wednesday it closed on its acquisition of Artema Medical AB, a Swedish maker of gas analyzers used to measure anesthetics used during surgery.

Financial terms of the deal, which was announced last month, were not disclosed. Artema will operate as a separate unit of Datascope based in Stockholm and will continue research and development efforts on gas measurement products. The company’s existing management team will remain.

Shares of Datascope dropped 71 cents to $36.76 in afternoon trading.

SOURCE: AP

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