Seoul: Samsung Electronics said on Tuesday it had bought US medical imaging firm NeuroLogica, as it seeks to explore new growth sources by expanding into the health sector.
Business | Technology
Samsung acquires US company
Samsung seeks to explore new growth sources by expanding into the health sector
- AFP
- Published: 13:50 January 29, 2013
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.
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