(Roper: Sarasota, FL) -- Roper Industries Inc., a diversified growth company, has announced that it has completed the previously announced acquisition of Northern Digital Inc., a leading provider of 3-D measurement technology for medical applications.

Headquartered in Waterloo, Ontario, Canada, Northern Digital provides optical and electromagnetic measurement systems for medical and industrial applications. NDI’s technology is used in the growing fields of computer-assisted surgery, computer-assisted therapy, and image-guided radiation treatment. In addition, the company’s technology is used by advanced manufacturers for optical tracking and noncontact 3-D measurements.

The all-cash transaction is valued at C$200 million and is expected to contribute more than C$20 million of earning before interest, tax, depreciation, and amortization (EBITDA) during the next 12 months. Northern Digital will become part of Roper’s medical platform within its medical and scientific imaging segment. The company expects the acquisition will be accretive to the company’s earnings and cash flow.

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