Axsun Technologies

Latest Headlines

Latest Headlines

Philips spins Axsun back out of Volcano, sells it to venture firm

Royal Philips is taking care of a bit of housekeeping remaining from its $1.2 billion acquisition of image-guided catheter player Volcano that closed in February. It has sold optical technology provider Axsun Technologies, which had been part of Volcano, to venture capital firm Anzu Partners for an undisclosed sum.

Volcano sees mixed decision in dispute with St. Jude unit

The Superior Court of Massachusetts has ruled Volcano and Axsun Technologies violated a state law against engaging in unfair competition and unfair or deceptive acts or practices, St. Jude announced