Merge makes $2 million stock placement

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.