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Merge makes $2 million stock placement

Article

Systems connectivity firm Merge Technologies has completed a privateplacement of $2 million in stock to investors from Wisconsin andIllinois, the Milwaukee company reported last month. The fundswill be used to support Merge's growth, specifically, to

Systems connectivity firm Merge Technologies has completed a private

placement of $2 million in stock to investors from Wisconsin and

Illinois, the Milwaukee company reported last month. The funds

will be used to support Merge's growth, specifically, to finance

the marketing of a new product line and to develop additional

new products. Merge introduced MergeAPS, a multimodality laser

print server with a digital archiving option, at last year's Radiological

Society of North America meeting.

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