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Digirad unit to sell customer contracts to Philips North America

DMS Health Technologies Inc. is selling all of its customer contracts related to the post-warranty service business to Philips North America LLC for $8 million.

The Digirad Corp. unit provided contract maintenance services of Philips' large diagnostic imaging equipment.

The agreement is expected to close on Jan. 31, 2018, and will help Digirad meet some of its debt obligations.