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:
“History does nothing; it does not possess immense riches, it does not fight battles. It is men, real, living, who do all this.... It is not “history” which uses men as a means of achieving—as if it were an individual person—its own ends. History is nothing but the activity of men in pursuit of their ends.”
—Karl Marx (1818–1883)
“The second day of July 1776, will be the most memorable epoch in the history of America. I am apt to believe that it will be celebrated by succeeding generations as the great anniversary festival. It ought to be commemorated, as the day of deliverance, by solemn acts of devotion to God Almighty. It ought to be solemnized with pomp and parade, with shows, games, sports, guns, bells, bonfires and illuminations, from one end of this continent to the other, from this time forward forever more”
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“The history of work has been, in part, the history of the worker’s body. Production depended on what the body could accomplish with strength and skill. Techniques that improve output have been driven by a general desire to decrease the pain of labor as well as by employers’ intentions to escape dependency upon that knowledge which only the sentient laboring body could provide.”
—Shoshana Zuboff (b. 1951)