Accuray Inc. (ARAY: Quote) said it has signed a definitive agreement to acquire Morphormics, Inc., a privately held company which develops medical imaging software systems that automatically recognize and extract anatomical structures from medical images. The agreement provides that Accuray will pay about $5.7 million.
According to Accuray, with the acquisition of Morphormics, it plans to extend autocontouring capabilities for both the CyberKnife Robotic Radiosurgery System and the TomoTherapy System to improve disease specific workflows.
by RTT Staff Writer
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