Corporate Report: Roper Industries buys UTS, plans to also acquire Verathon

Sarasota-based Roper Industries Inc. has acquired the assets of United Toll Services LLC, a Montgomery-Ala. based provider of software and hardware systems for vehicle toll and traffic adjustment, and also signed a definitive agreement to acquire Verathon Inc. of Bothell, Wash., a maker of specialty medical devices.

United Toll sells technology for remote monitoring capabilities, new lane and camera configurations, integration system and other uses.

Verathon's board of directors has approved the transaction; it still requires shareholder approval which is expected in early December. Two of its chief products are the noninvasive BladderScan instrument and GlideScope Video Laryngoscope. Verathon sells to hospitals, primary care physicians, acute-care providers and the military with a direct sales force of more than 140.