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Princeton, New Jersey-based PeriGen, which specializes in perinatal software, has acquired the the WatchChild Fetal Monitoring System from Hill-Rom Holdings Inc.
The deal closed Sept. 21, according to Catherine Tabaka, president of Hill-Rom’s Patient Support Systems Specialty Products business, and will see PeriGen relocate its corporate headquarters to Cary. Tabaka said financial terms of the transaction are not being disclosed.
WatchChild’s entire 18-member, Cary-based team will join PeriGen…