WAYZATA, MN -- Nortech Systems today announced an agreement to acquire a privately owned Minneapolis area medical product design and engineering firm for an undisclosed price.
Eden Prairie, MN-based Devicix will enhance and broaden Nortech’s capabilities for complete design, manufacturing and service, particularly for regulated medical devices, the EMS firm said in a statement.
“Adding Devicix’s extensive technical capabilities will support our current medical device customers and help attract new ones,” said Rich Wasielewski, president and CEO of Nortech. “Our medical sales have posted the strongest growth of any of our markets recently, and acquiring Devicix will enable us to better capitalize on and accelerate future growth opportunities.”
Devicix was founded in 2004 by current CEO Peter DeLange. It provides concept design, prototyping, full product design and development, regulatory consulting, verification and validation, testing and commercialization. Customers range from local startups to global medical device makers. The firm has also developed proprietary technology to enhance customer projects, including its mobile technology (mHealth) platform.
Nortech will maintain Devicix’s current location in Eden Prairie along with over 30 fulltime employees.