LOUVAIN-LA-NEUVE, Belgium--(BUSINESS WIRE)--Telemis, the medical imaging company specialising in PACS (Picture Archiving and Communication System) solutions, announces it has completed a management buy-out from Nivelinvest, Sopartec (UCL) and several private investors. The investors realised a significant financial return on their 14 year investment. Telemis was created in 1999 as a start-up from advanced university research. It is an international high-tech medical company based in Louvain-la-Neuve, Belgium with offices in Paris, Toulouse, Turin and Luxembourg. Telemis’ product line aims to assist hospitals, clinics and private practices to manage digital medical imaging and to eliminate the need for X-ray film, thereby reducing costs and increasing the quality of the care provided.