Sectra acquires Swedish cloud IT company

Swedish PACS firm Sectra has acquired Swedish company RxEye, which sells cloud-based IT services for efficient and secure remote viewing of medical images.

The services are used by radiology, nuclear medicine, and pathology departments, as well as by companies that sell teleradiology services, the firm said.

RxEye's customers are located in Europe, and more than 2,000 users in Sweden, Norway, and France are connected to its network. The company has a total of six employees and had sales of approximately 7 million Swedish kronor (762,000 euros) in the 2015 financial year.

The acquisition is being conducted by Sectra's Imaging IT Solutions business, in which the operation will be incorporated. It is being financed using Sectra's own funds, and the transaction comprises a cash consideration and an additional contingent consideration, the firm said. The business was transferred to Sectra on December 30.

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