Accuray To Purchase Morphormics For Around $5.7 Mln - Quick Facts

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7/16/2012 8:40 AM ET

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.

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