Elsevier Acquires 3D4Medical for ~$50M
Shots:
- Elsevier acquired 3D4Medical for approximately $50M under which life science group Malin received $18.71M for its 38% shares in 3D4Medical- which it acquired in 2015
- The focus of the acquisition is to accelerate Elsevier’s medical education offering with the addition of 3D4Medical’s anatomy platform- providing offerings to learners- educators and professionals
- 3D4Medical develops Healthcare apps- achieved ~25M downloads across its product suites and has been ranked as the leading medical app on Apple- Microsoft and Google’s app store across 160 countries
Source 1- Source 2 to read full press release/ article | Ref: PRNewswire- Irish Times | Image: AMSA International
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