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Friday, Jan 27, 2023
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Volcano to Expand With Israeli Acquisition

Volcano Corp., a San Diego based medical device manufacturer, said it entered into a definitive agreement to acquire Sync-Rx Ltd., an Israeli based software firm, for an undisclosed price.

CEO Scott Huennekens said Sync-Rx’s technology provides Volcano with a platform to build a range of advanced software features to aid clinical decision making.

“We are excited about the Sync-Rx team joining Volcano and establishing a footprint in Israel, given the breadth and depth of medical imaging and software talent there,” he said.

Volcano said it anticipates that the transaction will close within 30 days.

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Shares of Volcano trade on the Nasdaq under the symbol VOLC.

— SDBJ Staff Report

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