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VIASYS Announces Acquisition of Oxford Instruments Medical

March 1, 2005

VIASYS Healthcare has acquired the global medical division of Oxford Instruments Medical, based in Old Woking, UK, for approximately $46 million.

Oxford's largest business is neurodiagnostics, primarily electromyography (EMG) equipment and neurosupplies (EMG needles). Oxford's equipment is both intuitive and innovative, while its patented EMG needle design offers improvements in both clinical performance and patient comfort. The obstetrics and cardiology businesses also bring valuable brand recognition and are backed by a reputation for product quality and technological innovation.

"As the industry continues to consolidate, we expect the combined skills of Oxford Instruments Medical and VIASYS to deliver best-in-class multi-modality systems designed to improve outcomes for caregivers and their patients," commented Randy Thurman, chairman, president and CEO of VIASYS Healthcare.