Shenzhen, China-based Mindray Medical International ltd. (NYSE: MR) is buying Zonare Medical Systems Inc. for $105 million.
Zonare, headquartered in Mountain View, Calif., develops ultrasound technology.
Mindray develops and sells medical devices, including ultrasound systems, patient monitors and veterinary products.
The deal is expected to close in the third quarter.
Other recent health care transactions include Mednax’s agreement to buy a New York anesthesia group, Prospira PainCare’s purchase of the Pain Management Center in Hamilton, N.J., and AstraZeneca plc’s Pearl Therapeutics Inc. buy.
For more on medical devices, see “Medical Devices Drive Health Care M&A.”