Technology Stocks - Amicas (NASDAQ:AMCS) Strikes 52-week high on Acquisition

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Shares of Amicas, Inc. (NASDAQ:AMCS) surged 21% to $5.33 in the opening session after making a new 52-week high of $5.49.

Today, AMICAS, Inc., a leader in image and information management solutions, today announced that on December 24, 2009, it entered into a definitive merger agreement to be acquired by an affiliate of Thoma Bravo, LLC, in a transaction valued at approximately $217 million. The AMICAS Board of Directors unanimously approved the agreement and resolved to recommend that the shareholders of AMICAS adopt the agreement.

AMICAS, Inc. (AMICAS) provides a range of radiology and medical image and information management solutions. The AMICAS One Suite solutions provide an end-to-end information technology (IT) solution for imaging centers, ambulatory care facilities, radiology practices and billing services.

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