Report: Samsung takes control of Medison

AuntMinnie.com staff writers

Dec 14, 2010

Korean electronics giant Samsung Electronics has purchased a controlling stake in Korean ultrasound vendor Medison, according to an article in the Wall Street Journal.

Samsung, which made the move as part of a plan to diversify from consumer electronics, bought the 43.5% position from investment firm Consus Investment of Seoul, according to the article. Terms of the deal were not disclosed.

The deal would be the second time in recent weeks in which a major ultrasound vendor has changed ownership: Hitachi Medical of Tokyo acquired control of Aloka at the end of November.

Related Reading

Medison unveils new ultrasound systems, November 29, 2010

Medison to debut new SonoAce R3, October 22, 2010

Medison to use ContextVision technology, October 5, 2010

Medison, Volumetrics settle 3D patent dispute, June 28, 2010

Medison launches MySono U5, May 17, 2010

Copyright © 2010 AuntMinnie.com

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