Home
Others
Others News
Samsung acquires US medical imaging company

Samsung acquires US medical imaging company

By Agence France-Presse | Updated: 29 January 2013 10:16 IST

Click Here to Add Gadgets360 As A Trusted Source

South Korea's Samsung Electronics said Tuesday it had bought US medical imaging firm NeuroLogica, as it seeks to explore new growth sources by expanding into the health sector.

Samsung did not disclose the value of the deal but said it had bought a full stake in the Massachusetts-based firm, which makes medical devices including CT scanners.

"Samsung plans to leverage its global brand awareness and world-leading technology in consumer electronics, IT and communications with NeuroLogica in order to expand medical imaging business," the company said in a statement.

Samsung Electronics the world's top maker of smartphones, memory chips and flat-screen TVs is the flagship unit of the Samsung group.

The group in 2010 vowed to spend $20 billion over the following 10 years on five "new growth" areas including light-emitting diode technology, medical devices, biotech drugs, electric-vehicle batteries and solar panels.

Samsung at CES 2013

Comments

Get your daily dose of tech news, reviews, and insights, in under 80 characters on Gadgets 360 Turbo. Connect with fellow tech lovers on our Forum. Follow us on X, Facebook, WhatsApp, Threads and Google News for instant updates. Catch all the action on our YouTube channel.