# Merrick to acquire AI Medical Systems for CHF 2.3 billion

Merrick announced a definitive agreement to acquire AI Medical Systems, GmbH., a Swiss-based developer of artificial intelligence and machine learning software for medical diagnostics, for approximately CHF 2.3 billion ($2.32 billion USD). The acquisition is expected to close in Q4 2018.

- Type: Acquisition
- Announced: 2018-10-06
- Where: Zurich, Switzerland, Switzerland
- Value: $2.32B (2.30B CHF)
- Status: announced
- Products: artificial intelligence algorithms, machine learning software, robotic hardware for diagnostics
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Merrick](https://endata.com/companies/34771.md) (acquirer)
- [AI Medical Systems](https://endata.com/companies/34772.md) (target)

## Sources

- [abnewswire.com](https://www.abnewswire.com/pressreleases/merrick-announces-definitive-agreement-to-acquire-ai-medical-systems-gmbh_274182.html), 2018-10-06: "Merrick, a leading global manufacturer of biotechnology products and recognized innovator in automated medical robotic systems, today announced a definitive agreement to acquire AI Medical Systems, GmbH."

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