Datascope closed on their acquisition of Artema, a Swedish gas analyzer vendor (press release).
efficient side-stream gas analyzer, the Artema AION(TM), which is sold
on an OEM basis to patient monitoring companies. The global market for
anesthetic measurement equipment is estimated at $80 million annually.
In calendar year 2006, Artema's revenues were approximately $10
million, 35% higher than the year before.
Artema will operate
as a separate business unit based in Stockholm and will continue the
R&D efforts to produce the next generation of patient-related gas
measurement products. Artema's existing management will continue to
manage that company under Datascope's ownership. The Company expects
that the combination of Artema's optical measurement expertise along
with the patient monitoring experience of the Datascope team will
facilitate innovation in patient measurement technologies.
Securing a technology platform in the OR means Datascope can continue to provide a full surgical patient monitoring solution. Pictured right is the Artema AION gas bench.