07 September 2018 | News
Investment in software know-how, together with the internal 3D printing expertise, brings LimaCorporate to the forefront of digital transformation of the Orthopaedics industry
LimaCorporate, a pioneer and leader in a 3D printing of Orthopaedic implants, announces the milestone-based acquisition of TechMah Medical LLC ("TechMah Medical"), a medical device software company located in Knoxville, Tennessee, to complement its hardware portfolio with digital applications.
The team at TechMah Medical consists of world-class researchers and engineers in bio-wireless electronics, biomechanics, imaging, as well as software and will focus on the release of software and smart instruments which will be used in combination with Lima Corporate implants.
This investment in software know-how, together with the internal 3D printing expertise, brings LimaCorporate to the forefront of the digital transformation of the Orthopaedics industry through highly-innovative digital solutions that will change the approach to surgery and standard instrumentation.
Under the terms of the agreement, LimaCorporate will provide funding to TechMah Medical and complete the acquisition as key product development goals are achieved, becoming the sole shareholder of TechMah Medical over time, while its team will remain involved with the business. Financial terms have not been disclosed.