November 14, 2012 in Business, Health

Kootenai Health purchases North Idaho Gastroenterology

From Staff And Wire Reports
 

Kootenai Health has purchased the North Idaho Gastroenterology medical practice.

The agreement between the public health district and the clinic includes employees and the continued employment of Drs. Michael James, Stanley Toelle and Gavin Young.

A news release states that the transaction will occur during the next 12 to 15 months. The agreement also outlines the future acquisition of the clinic’s sister practice, Northern Idaho Endoscopy.

Deaconess, CellNetix ink deal

Seattle company CellNetix Pathology and Laboratories has signed a contract to be the exclusive provider of services to Deaconess Hospital.

The company took over Pathology Services PS, which includes Drs. Vann Schaffner, Jeff Bunning, Irby Cossette and Dennis Small.

In making the announcement, CellNetix said it is recruiting a fifth pathologist to the Spokane lab.

Synaptics buys Pacinian

A Silicon Valley tech company paid $15 million earlier this year to acquire Coeur d’Alene startup Pacinian.

Synaptics disclosed the $15 million purchase price in its recently filed quarterly 10-K report.

The purchase occurred in June, when Synaptics acquired the assets and intellectual property of Pacinian, which was launched in Washington in 2007 but later moved to offices in North Idaho.

Pacinian develops ultra-thin keypads and input devices.

Based in Santa Clara, Synaptics is a major developer of input and computer interface designs.

In addition to the $15 million, Synaptics agreed to offer additional compensation to original shareholders based on the number of products sold that incorporate Pacinian’s ThinTouch keyboard.

The ThinTouch product has no moving parts, is thinner than conventional notebook keyboards and doesn’t use electricity.

Pacinian’s work group in Coeur d’Alene remains intact and continues to develop new products, former CEO Jim Schlosser said.

Schweitzer makes donation

Pullman’s Schweitzer Engineering Laboratories Inc. has donated $100,000 to the American Red Cross Disaster Relief efforts for Hurricane Sandy.

“After seeing the news and the huge impact caused by Hurricane Sandy, we knew we needed to act quickly,” said the company’s Chief Operations and Finance Officer Nancy Hindman. Last week the privately owned company also offered discounts on its energy and power-management equipment for East Coast customers.

The company manufactures power-control and power-management devices, and its customers include electric utilities. It has manufacturing operations in Pullman, in Lewiston and in the Chicago area, as well as in Mexico.

SAN FRANCISCO – The latest version of Microsoft’s Web browser is now available to the vast audience connecting to the Internet on personal computers running on the Windows 7 operating system.

The redesigned browser, Internet Explorer 10, made its debut last month when Microsoft released Windows 8.

Internet Explorer 10 initially is being introduced to Windows 7 users in a “preview,” or test, mode. The new browser isn’t compatible with XP, Vista or any other older Windows version.


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