March 11, 2008 - Mindray Medical International Ltd. signed a definitive agreement to acquire Datascope Corp.’s patient monitoring business, reportedly making Mindray the third-largest player in the global patient monitoring device industry.
Datascope’s patient monitoring business earned total revenues of $161.3 million in year 2007. The transaction is expected to be accretive to Mindray’s earnings per share on a non-GAAP basis starting in 2009.
