# LED Medical Diagnostics acquires Apteryx for $10.25 million

LED Medical Diagnostics Inc. entered a definitive agreement to acquire 100% of Apteryx Inc., a dental software developer based in Akron, Ohio, for $10.25 million. The transaction is expected to close in Q1 2017.

- Type: Acquisition
- Announced: 2017-01-23
- Where: Akron, Ohio, United States
- Value: $10.3M
- Status: announced
- Products: dental imaging software
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [LED Medical Diagnostics Inc.](https://endata.com/companies/21653.md) (acquirer)
- [Apteryx Inc.](https://endata.com/companies/21654.md) (target)

## Sources

- [dentistryiq.com](https://www.dentistryiq.com/practice-management/industry/article/16366771/led-announces-acquisition-of-ohio-based-dental-software-developer-apteryx-for-1025-million), 2017-01-23: "LED expects this transaction to be immediately accretive, allowing the company to reach profitability prior to the end of 2017."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.