Viking Systems Inc, a designer, manufacturer, and marketer of laparoscopic vision systems has signed a letter of intent to acquire Tuebingen Scientific Medical GmbH, a Germany-based developer of articulating surgical instrumentation for minimally invasive surgery (MIS).

The acquisition of Tuebingen Scientific Medical—that markets its instruments under the brand name Radius—would represent a strategic shift for Viking Systems—designed to significantly expand its market and accelerate its revenue growth. The combination of Tuebingen Scientific Medical’s Radius family of articulating instruments and Viking Systems’ 3Di Vision Systems would provide doctors, patients, and hospitals with a full solution designed specifically for complex MIS.

Completion of the transaction is subject, among other things, to negotiation and execution of a definitive agreement, due diligence, normal and customary closing conditions, and arrangement by Viking Systems of appropriate financing. Viking indicated that it expects to complete a definitive agreement, the funding, and the acquisition by the end of the year.