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Midmark
Corporation Closes Acquisition of Versus Technology, Inc.
DAYTON, Ohio, and TRAVERSE CITY, Mich., May 5, 2016 — Midmark
Corporation announced today the completion of its previously announced
definitive merger agreement to acquire Versus Technology, Inc. A
special meeting of the Versus shareholders was held on Friday, April
29, 2016, where shareholders voted in favor of the acquisition. The
acquisition will advance Midmark leadership in outpatient clinical
workflows using real-time locating systems.
About Midmark
Founded in 1915, Midmark Corporation strives to bring efficient patient
care to millions of people each day in the human and animal healthcare
industries around the world. A leading provider of medical, dental and
veterinary equipment solutions, Midmark is focused on continuously
improving exam room workflow and enhancing patient-caregiver
interactions. Midmark’s more than 1,500 teammates worldwide are
dedicated to redefining the future of the clinical space and making a
positive difference in the practice of healthcare. Headquartered in
Dayton, Ohio, Midmark now maintains production and administrative
offices in Versailles, Ohio, as well as five subsidiaries in the United
States and international subsidiaries in the United Kingdom, India and
Italy. To learn more about Midmark,
visit midmark.com ormidmarkclinicalsolutions.com, and follow Midmark on
Facebook, LinkedIn, Twitter and
YouTube.
About Versus Technology, Inc.
Established in 1988, Versus Technology, Inc. specializes in Real-time
Locating Systems (RTLS) for healthcare. Used by more than 800 hospitals
for enterprise patient tracking, bed management, asset tracking, and
nurse call automation, Versus improves patient flow and documentation
of caregiver and patient interactions, while enhancing communication
and efficiency. The Versus infrared (IR), Active RFIDand Wi-Fi solution
is responsible for enterprise visibility, clinical-grade location and
automation at hospitals, clinics, surgery centers and senior care
facilities worldwide. To learn more about Versus Technology, Inc., our
technology and client successes, visit versustech.com.
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