Cytyc Together with Hologic: There's a Certain Logic

01 Jul 2007

What do you get when you cross a women's health company that sells screening and diagnostic imaging technologies to hospitals and radiologists, with a women's health company that sells diagnostics and therapeutic devices to Ob-Gyns? A single company capable of selling goods and services across the entire continuum of care, according to Rob Cascella, president & COO of Hologic, who thus revealed the reasoning behind the $6.5 billion proposed merger of Hologic with Cytyc.

What do you get when you cross a women’s health company that sells screening and diagnostic imaging technologies to hospitals and radiologists, with a women’s health company that sells diagnostics and therapeutic devices to Ob-Gyns? A single company capable of selling goods and services across the entire continuum of care, according to Rob Cascella, president & COO of Hologic Inc., who thus revealed the reasoning behind the $6.5 billion proposed merger of Hologic with Cytyc Corp.[See Deal]

The deal—which still awaits shareholder approval—would create a leading women’s health care company with $1.7 billion in annual sales derived...