Founded eight years ago by former partners Rob Maly and Ted Tudic, the Texas-based Polaris offers service, systems and parts for GE MRI and CT systems.

The acquisition will help BC Technical to expand its capabilities in MR and CT modalities, as well as in providing parts for NM, PET and PET/CT.

BC Technical president and CEO Mark Alvarez said the company is committed to provide better quality and lower cost price.

"We set out to become the only true alternative to the OEM, and that’s exactly what we’ve done. We have no plans to slow down," Alvarez added.

Maly said: "We were at a point of growth that required additional resources and we knew BC Technical was the perfect springboard to take Polaris to the next level."

BC Technical, which is the non-OEM provider of medical imaging solutions, provides NM, SPECT/CT, PET, PET/CT, MRI and CT systems in all 50 states in the US.