Natus Acquires Grass Technologies Product Group from Astro-Med

Natus Medical Incorporated BABY and Astro-Med, Inc. ALOT today announced that the companies have consummated the sale of the Grass Technologies Product Group from Astro-Med to Natus. On January 7, 2013, the companies announced that they had entered into an asset purchase agreement for the transaction. The Grass Technologies Product Group includes clinically differentiated neurodiagnostic and monitoring products, including a portfolio of polysomnography (PSG) and electroencephalography (EEG) systems for both clinical and research use and related accessories and proprietary electrodes. Natus expects the acquisition to be accretive to non-GAAP earnings in its second quarter and full year 2013. Natus funded the See full press release