CareFusion, a San Diego-based medical technology company, has closed on its deal to acquire Rowa, a developer of robotic pharmacy systems for medication storage and retrieval, for about $150 million in cash, according to a CareFusion news release.
CareFusion closes on Rowa deal
In announcing the deal last month, CareFusion said it expected to close on the deal to buy the Kelberg, Germany-based company during the first quarter of 2012.
CareFusion, which also offers data-mining surveillance tools through its MedMined service branch, said the Rowa acquisition will accelerate growth of its Pyxis line of dispensing products used in retail and hospital pharmacies. MedMined was acquired by Cardinal Health in July 2006 and became part of CareFusion when the new company spun off from Cardinal in September 2009.
Earlier this year, CareFusion paid $17 million to acquire Vestara, a pharmaceutical waste technology company based in Irvine, Calif.
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