SAN CARLOS, Calif.--(BUSINESS WIRE)--Natus Medical Incorporated (Nasdaq:BABY) today announced that it has completed its acquisition of Excel-Tech Ltd. (“Xltek”), based in Oakville, Ontario, Canada. Jim Hawkins, President and Chief Executive Officer of Natus, commented, “We are very pleased to have acquired Xltek, as it affirms our position as a market leader in neurology and brings Natus one step closer to achieving our stated goal of growing revenue to a $250 million annual run-rate by the end of 2008.”
