VIXEN MEDICAL EQUIPMENT, Inc. (NYSE: VIX) announced today that it has entered into an agreement to acquire the medical equipment and medical devices business of HCP Holding Company.
The acquisition of HCS Holdings provides a substantial value for both companies, and provides an immediate and positive return to shareholders, said Robert Zabac, Chairman and CEO of VIXENS.
The combined company will focus on expanding its portfolio of healthcare and health technology solutions and expand into new markets.
The Company also announced today a $3.9 billion cash dividend to shareholders.
VIXN MEDICAL is a leading provider of medical equipment solutions for healthcare, medical and commercial organizations.
For more information on VIXERN, visit www.ixenmedical.com.