December 23, 1993 |
Enhanced Imaging Technologies Inc. has agreed to buy most of the biomedical systems division of PPG Industries Inc. The deal would increase the Orange County company's payroll nearly fivefold, quadruple its sales and could result in the shuffling of employees among facilities in Southern California and Kentucky. Enhanced Imaging has agreed to pay a total of $55 million in cash, a note and some stock in one of its subsidiaries.
May 4, 1993 |
Enhanced Imaging Buys Agfa Division: Enhanced Imaging Technologies Inc. also has its mind on expansion. The Irvine-based supplier of optical filters, specialized films and imaging products for the medical field has completed a deal to buy a medical device division of German film manufacturer Agfa that is based in Ridgefield Park, N.J. Agfa sold the division to Enhanced Imaging for $4.1 million, said Enhanced Imaging Vice President Robert G. Quinn.