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Merge eFilm/Cedara merger creates imaging software leader

Image and information management companies Merge eFilm and Cedara Software have agreed to merge in a stock-for-stock transaction valued at about $390m. The new group will be a market-leading "one-stop shop" for medical imaging software technologies, with combined revenues of more than $100m and a market capitalisation of at least $600m.

Image and information management companies Merge eFilm and Cedara Software have agreed to merge in a stock-for-stock transaction valued at about $390m. The new group will be a market-leading "one-stop shop" for medical imaging software technologies, with combined revenues of more than $100m and a market capitalisation of at least $600m.

Toronto, Canada-based Cedara's shareholders will own about 58% of the combined group, but its headquarters will be at Merge's base...

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