Natus Medical (BABY +3.5%) has agreed to buy Astro-Med's (ALOT +1.8%) Grass Technologies Product...

|About: Natus Medical Incorporated (BABY)|By:, SA News Editor

Natus Medical (BABY +3.5%) has agreed to buy Astro-Med's (ALOT +1.8%) Grass Technologies Product Group for $18.6M in cash, in an effort to further expand its international presence. BABY says Grass will also add to its disposable product offerings and an entry into the research segment of the neurodiagnostic market. The deal is expected to close by the end of January.