February 2, 2010 (FinancialWire) — Haemonetics Corp. (NYSE: HAE) and Global Med Technologies, Inc. (OTCBB: GLOB) say they have signed a definitive agreement under which Haemonetics will acquire Global Med for approximately $60 million in a cash tender offer.

Colorado-based Global Med is a healthcare information technology company that markets software solutions and services used to manage blood supply chain, including blood collection to the hospital transfusion center to the patient care environment.

Under the terms of the agreement, Haemonetics will launch a tender offer to purchase all outstanding shares of Global Med’s common stock at $1.22 per share and preferred stock at around $1,694 per share.

The tender offer is conditioned on the tender of a majority of the outstanding shares of Global Med’s common and preferred stock, and subject to other customary closing conditions. The $60 million estimated net value of the transaction is based on Global Med’s 49 million diluted common equivalent shares outstanding.

Haemonetics said it will fund the acquisition from available cash and anticipates that it will continue to have more than $100 million in cash on the balance sheet at fiscal year end.

Massachusetts-based Haemonetics provides blood management solutions, including devices and consumables, information technology platforms, and consulting services.

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