New Image Agrees to Buy Camera Company’s Assets

New Image Industries, a Canoga Park maker of computer imaging devices, said it tentatively agreed to buy the assets of an unnamed privately held company for $1 million and 250,000 shares of New Image stock.

The unnamed company owns the rights to a camera for use by dentists. New Image said it expected the deal to close this week but added that a definitive agreement for the sale had not yet been reached.