Orbotech To Buy DDD

Orbotech Ltd. (Nasdaq: ORBK) has agreed to acquire 3DDanish Diagnostic Development AS, a Danish development of nuclear medicine gamma cameras. The deal is valued at approximately $39 million in cash, plus up to $6.5 million in performance-based earn-outs. Danish private equity fund Axcel II has owned a majority stake in DDD since 2004. www.orbotech.com