Cochlear Ltd Purchases Sycle
The world’s largest cochlear implant maker, Australia-based Cochlear Ltd, has announced the acquisition of Sycle LLC (Sycle.net), San Francisco, the world’s largest provider of audiology office management software (OMS). The deal reportedly consists of $56 million in cash and up to $22 million in possible performance incentives over a 3-year period, for a total potential sale price of $78 million.
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