Opto Circuits India has acquired majority stake in Wisconsin based Criticare Systems Inc. Upon completion of share transfer process, Criticare Systems will become a subsidiary of Opto Circuits.
Having access to the expanded product line and leading edge technology offered by Criticare will allow Opto Circuits to enter new markets and compete more effectively with leading manufacturer of vital sign monitors, anesthesia monitors, pulse oximeters and patient monitors and accessories. In addition, the acquisition now adds anesthesia gas monitoring capability to Opto's technology portfolio. (ET)