EndoChoice Inc., an Alpharetta-based provider of endoscopes for gastrointestinal medicine with customers in 34 countries, has raised $43 million to acquire Israel's Peer Medical Ltd.  

The combined firm will keep the EndoChoice name. It will be based in Alpharetta with research and development in Caesarea, Israel, Peer Medical's home base. The Israeli firm has a proprietary video system and endoscopes that give doctors a wider field of view when performing endoscopy and colonoscopy procedures. 

"Conventional scopes are comparable to driving a car without side windows - can you imagine all the things you are missing?" said Mark Gilreath, founder and CEO of EndoChoice, in a statement. "This technology will save lives."

The deal comes four days after EndoChoice announced that it would acquire RMS Endoskopie-Technik, an endoscope manufacturer based in Elmshorn, Germany, near Hamburg

The American Israel Chamber of Commerce Southeast Region said in its email newsletter that Mr. Gilreath became involved with the Israeli medical-device industry while working as president of the North American division of Given Imaging, an Israeli firm that makes pill cameras. 

President Obama announced his plans for an executive action on Nov. 20 to address the immigration process in the United States. Daryl Buffenstein and Kevin Miner, partners in the Atlanta office of the immigration law firm Fragomen Worldwide, expressed appreciation for the president’s actions, but stated that the proposed changes “do not go far enough and are no substitute for comprehensive immigration reform.” More
It took 1,800 years following the birth of Christ for the earth's human population to reach 1 billion and then only 13 years to reach its current 7-plus billion. More