Del Global Technologies Corp (OTC:DGTC) has sold certain assets and its product lines for Del Medical Imaging from Del Global to UMG. The transfer was finalized on November 24, 2009. The entity’s new name is Del Medical Inc and will remain in Roselle, IL.
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UMG will continue to run Del Medical, Inc. as a wholly owned subsidiary. The company intends to enhance the existing product line and keep the current channels of distribution. Del Global President and CEO John Quicke states that the company will now continue to focus its efforts in its Villa subsidiary in Italy, he hopes to grow it in the international imaging markets.
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