by Loren Bonner
, DOTmed News Online Editor | January 16, 2013
BC Technical, a large molecular imaging solutions provider based in Salt Lake City, Utah officially announced that the company has acquired Genesis Medical Imaging, Inc., a CT, MRI and PET/CT service specialist in Huntley, Ill.
In an official statement from BC Technical, the company said that the strategic acquisition will allow BC Technical to strengthen its capabilities in PET/CT and SPECT/CT, and expand its nationwide service coverage to now include standalone CT and MR. The expansion also positions BC Technical for PET/MR as it becomes more mainstream.
Many in the industry, like Block Imaging International Inc., have expressed congratulations
over the past weeks to Genesis and BC Technical.
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"With Genesis, we are not only solidifying our position in PET/CT, SPECT/CT and PET/MR, but we can now provide nationwide service for standalone CT and MR. I'm excited to be able to strengthen and expand our offerings for our customers," said Mark Alvarez, president and CEO of BC Technical.
, founder of Genesis Medical Imaging, that he started 15 years ago, informed DOTmed News
of the deal right before the new year. He also said he will be helping with the transition.
According to a spokesperson for BC Technical, Genesis will remain in Chicago, meaning BC Technical's corporate offices will be in both Salt Lake City and Huntley, Ill.
In addition, no financial details of the deal are able to be disclosed at this time.
Dekessian said in the statement from BC Technical: "BC Technical is an excellent fit with Genesis. Our management styles and philosophies are the same. We bring operating strengths to each other that make us stronger, more complete and more appealing to our customers. I'm incredibly proud of what we have accomplished, but the time to take Genesis to the next level of performance is now. BC Technical will make sure it happens."