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Slideshow Mergers & Acquisitions

By The Online Investor Staff, updated Sat., Aug. 27, 8:22 PM

Slide #2. PositiveID Corporation Thermomedics Inc.

Acquirer: PositiveID Corporation (PSID)
Acquiree: Thermomedics Inc.
Details: PositiveID Corporation ("PositiveID" or "Company") (OTCQB:PSID), a life sciences company focused on detection and diagnostics, announced today that it has completed its acquisition of Thermomedics Inc., the designer and marketer of the Caregiver infrared, non-contact thermometer, which is FDA-cleared for clinical use.

PositiveID operates in two main segments: HealthID; and ID Security. Co.'s HealthID segment is focused on the development of the glucose-sensing microchip. In the field of diabetes management, Co. is developing the Easy Check breath glucose detection system and the iGlucose wireless communication system. This segment also includes the VeriMed system for patient identification applications. Co.'s ID Security segment includes its Identity Security sets of products, sold through its NationalCreditReport.com brand and its Health Link personal health record. NationalCredit-Report.com provides consumers a range of identity security products and services primarily on a subscription basis.

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Company Name:  PositiveID Corp
Website:  www.positiveidcorp.com
Sector:  Medical Instruments & Supplies
 

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August 27, 2016    8:22 PM Eastern
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