Viking Systems to Acquire Tuebingen Scientific Medical
By HospiMedica staff writers
Posted on 12 Sep 2007
Viking Systems (San Diego, CA, USA), a designer, manufacturer, and marketer of high-performance laparoscopic vision systems, has signed a letter of intent to acquire Tuebingen Scientific Medical (Germany), a developer of articulating surgical instrumentation for minimally invasive surgery (MIS). Financial details were not disclosed.Posted on 12 Sep 2007
The acquisition of Tuebingen Scientific Medical, which markets its instruments under the brand name Radius, would represent a strategic shift for Viking System, designed to significantly expand its addressable market and accelerate the company's revenue growth. The combination of the Radius family of articulating instruments and Viking Systems' 3Di Vision systems would provide doctors, patients, and hospitals with a full solution designed specifically for complex minimally invasive surgery. The combination of three dimensional (3D) vision and articulating instrumentation increases the precision and performance of all surgeons regardless of their level of expertise, and the combination of the two technologies can enable surgeons to perform suturing tasks better than either technology singularly.
"Tuebingen Scientific's line of articulating surgical instruments, combined with Viking's 3D vision technologies, and our Infomatix platform, will allow us the opportunity to offer a new and powerful solution set to the market,” said Donald E. Tucker, CEO and President of Viking Systems.
"What Viking Systems offers to Tuebingen Scientific Medical is a total product platform for our Radius instrumentation that we believe will dramatically enhance the physician's skill and dexterity in complex maneuvers, said Prof. Dr. Marc Schurr, managing director of Tuebingen Scientific Medical. "The combination of our technologies presents an opportunity for a unique and preferred presence in minimally invasive surgical products.”
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Viking Systems
Tuebingen Scientific Medical