History
IMI was established in June 1989, and went public in 1996, raising $35 million.
In the last full year of operation, 1998, IMI reported a gross annual income of $3.8 million and a net annual income of $-13.7 million.
In May 1999, the company was delisted from Nasdaq.
On November 29, 1999, IMI filed for Chapter 11 bankruptcy protection.
On May 10, 2000, all assets were sold to Triangle Biomedical Sciences, Inc., for $2 million.
The company no longer exists, and the original web site, www.imii.com, is no longer available.
Read more about this topic: Intelligent Medical Imaging
Famous quotes containing the word history:
“There is a constant in the average American imagination and taste, for which the past must be preserved and celebrated in full-scale authentic copy; a philosophy of immortality as duplication. It dominates the relation with the self, with the past, not infrequently with the present, always with History and, even, with the European tradition.”
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