Roper Industries has acquired Northern Digital, a Canada-based provider optical and electromagnetic measurement systems for medical and industrial applications, for CAD$200m.
The all-cash transaction is expected to contribute more than CAD$20m of EBITDA over the next one year.
Northern Digital will become part of Roper’s medical platform within its Medical & Scientific Imaging segment.
Northern Digital’s technology is used in the growing fields of computer-assisted surgery, computer-assisted therapy and image-guided radiation treatment.
In addition, the company’s technology is utilized by advanced manufacturers for optical tracking and non-contact 3-D measurements.
Roper provides engineered products and solutions for global niche markets, including water, energy, transportation, medical, education, and SaaS-based information networks.