# Mentice acquires assets of Vascular Simulations for USD 5.6 million

Mentice AB acquired all substantial assets of Vascular Simulation Inc. for USD 5.6 million (approx. 48 million SEK), with a possible additional USD 0.4 million. The purchase price will be paid with a directed new shares issue.

- Type: Acquisition
- Announced: 2023-03-07
- Where: United States
- Value: $5.60M
- Status: completed
- Products: endovascular simulation solutions
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Mentice](https://endata.com/companies/63786.md) (acquirer)
- [Vascular Simulation](https://endata.com/companies/68995.md) (target)

## Sources

- [inderes.dk](https://www.inderes.dk/en/releases/mentice-ab-mentice-entered-into-an-agreement-to-acquires-all-substantial-assets-of-the-us-medical-technology-company-vascular-simulations-inc), 2023-03-07: "The combination of these two technologies are an exciting next step for Mentice."

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