Average Rating: Rate this article:

Samsung Buys Medical Imaging Firm NeuroLogica By Jennifer LeClaire January 29, 2013 2:10PM     As part of its corporate development plan, Samsung said, it wants to "establish itself as a trusted leader in the health and medical equipment industry." In a statement, Samsung said the acquisition of NeuroLogica, a Danvers, Mass.-based medical-imaging company, "is another important step in the expansion of Samsung's medical imaging business."   Related Topics Samsung Apple Healthcare Acquisition Top Tech News Latest News iPhone Takes a Hit in Satisfaction Dell Kills Its In-House Public Cloud After 360, There Comes the Xbox One A Terabyte's the Limit Now at Flickr Customers Less Satisfied with Win 8 Although Samsung is knee-deep in a battle against Apple, the electronics giant isn't too busy to push deeper into an altogether different field: medical imaging. On Tuesday, Samsung announced the acquisition of NeuroLogica, based in Danvers, Mass. The 8-year-old NeuroLogica develops medical imaging products and is perhaps best known for its portable CT scanners, such as BodyTom and CereTom. Financial terms of the deal were not disclosed. "The acquisition of NeuroLogica is another important step in the expansion of Samsung's medical imaging business," the company said in a statement. "Samsung will continue to strengthen its capabilities and product portfolio to establish itself as a trusted leader in the health and medical equipment industry." A Better Acquisition Last year, Samsung was rumored to be considering the purchase of Olympus' healthcare business. But Samsung's then-CEO Gee-Sung Choi shed light on the company's healthcare business strategy when he told Reuters, "We're not interested in what others are already doing very well. Samsung will do what we can do better." Apparently, Samsung considers NeuroLogica a "better" option. Samsung started pushing harder into the healthcare business two years ago, and in November added Samsung Health & Medical Equipment to the mix. That addition involved unifying Samsung Medison America's personnel into Samsung Electronics America's Enterprise Business Division. The move integrated sales, marketing and service operations. $400 Billion by 2020 That's in line with Samsung's new motto, "Inspire the World, Create the Future." The 2020 vision reflects Samsung's stated commitment to "inspiring its communities" by leveraging what it sees as its three core strengths: new technology, innovative products and creative solutions. As part of its 2020 vision, Samsung is also committed to promoting new value for its core networks -- industry, partners and employees. Samsung's 2010 investment in Medison was a key element in Samsung's 2020 vision to explore new avenues of growth, including in the healthcare business domain. Indeed, Samsung said it remains committed to its 2020 vision to explore new avenues of growth in the healthcare business by working in the area of medical imaging diagnosis. Samsung has mapped out a plan to reach $400 billion in revenue and become one of the world's top five brands by 2020. Samsung has also established three strategic approaches in its management : creativity, partnership and talent.   Tell Us What You Think Comment: Name: Also Visit: iPad Info Center Billions of Bytes Mobile Device Now Apple Info Center TopTechWire.com Salesforce.com is the market and technology leader in Software-as-a-Service. Its award-winning CRM solution helps 82,400 customers worldwide manage and share business information over the Internet. Experience CRM success. Click here for a FREE 30-day trial.  Mobile Tech 1.   iPhone Takes a Hit in Satisfaction 2.   Qualcomm Eyes Smartphone Growth 3.   Recharge Your Phone in 20 Seconds? 4.   Samsung Dangles $800,000 App Carrot 5.   MeeGo-Based Sailfish OS Launches

Product Information and Resources for Technology You Can Use To Boost Your Business BYOD & MDM   Build a business case for a BYOD program. CRM Systems   Unlock the potential in your people with Microsoft Dynamics   How Microsoft Dynamics helped mobilize retail businesses   2 million CRM success stories and counting...   Experience CRM and Business Success today with Salesforce.com.   Optimize CRM with Data Quality Management. More from Trillium Cloud & Virtualization   Riverbed Stingray Traffic Manager on Amazon Web Services Contact Centers   Unlock the potential in your people with Microsoft Dynamics Customer Data   See how you can benefit from Microsoft Dynamics Customer Service   Improve your customer relationships with Microsoft Dynamics   2 million CRM success stories and counting...   Unlock the potential in your people with Microsoft Dynamics Data Security   Simpana® 10 software: an exponential leap forward Enterprise Hardware   The 2013 Toughpad™ tablets. Rugged, secure and built for business.   The best document scanner for you? Try KODAK's scanner selector   APC makes it easy for you to focus on business growth, not downtime. Enterprise I.T.   Brocade's mission: Making networks easier to deploy, manage, and scale.   11 Challenges Solved by Infrastructure for Small IT Environments Enterprise Software   Get critical data off paper and into SharePoint! Watch the video.   Simpana® 10 software: an exponential leap forward Hardware   The 2013 Toughpad™ tablets. Rugged, secure and built for business.   Rugged and reliable Panasonic Toughbook® mobile computers Innovation   The best document scanner for you? Try KODAK's scanner selector   Brocade's mission: Making networks easier to deploy, manage, and scale. Mobile Apps   Build great mobile apps that drive engagement. Mobile Tech   Rugged and reliable Panasonic Toughbook® mobile computers Small Business   The best document scanner for you? Try KODAK's scanner selector Tech Trends   APC makes it easy for you to focus on business growth, not downtime.

Enterprise Hardware Spotlight

Dell Kills Its Public Cloud Effort, Will Offer Partner Marketplace Putting the kibosh on its efforts to build out a public cloud, Dell has announced a new program to offer a choice of cloud Infrastructure-as-a-Service through a central marketplace of partners.   Dell's Dismal Quarter Shows PC Maker's Challenges Dell's financial decay worsened during its latest quarter as the company slashed its personal computer prices in response to the growing popularity of smartphones and tablets in the beleaguered industry.   U.S. Defense Department Gives iOS 6 Security OK In a vote of confidence for Apple's iOS devices, the Defense Department has given the all-clear for employees to use iPads and iPhones for work. But only those running iOS 6, and only if issued by the government.

Mobile Enterprise Spotlight

Consumer Satisfaction for iPhone Drops as Rivals Gain Apple's iPhone has taken a favorability hit in the latest American Consumer Satisfaction Index, an annual survey of 70,000 consumers, while Samsung and Motorola put in strong gains.   Qualcomm CEO Eyes Smartphone Growth With more than 6 billion mobile phones on the planet and population growth jumping in many corners of the world, Qualcomm CEO Paul Jacobs is sharing his thoughts on the future of the devices we love.   Teen Shows Battery-Charge Breakthrough at Intel Fair Imagine being able to recharge your phone's battery in just seconds. If an invention recognized in Intel's International Science and Engineering Fair reaches the mass market, it could soon be possible.

Navigation NewsFactor Network Home/Top News | Enterprise I.T. | Cloud & Virtualization | Applications | Unified Communications | Mobile Tech | Hardware | Business Intelligence World Wide Web | Network Security | Data Storage | Small Business | Microsoft/Windows | Apple/Mac | Linux/Open Source | Personal Tech Press Releases NewsFactor Network Enterprise I.T. Sites NewsFactor Technology News | Enterprise Security Today | CRM Daily NewsFactor Business and Innovation Sites Sci-Tech Today | NewsFactor Business Report NewsFactor Services FreeNewsFeed | Free Newsletters | About NewsFactor Network | How To Contact Us | Article Reprints | Careers @ NewsFactor | Services for PR Pros | Top Tech Wire | How To Advertise Privacy Policy | Terms of Service © Copyright 2000-2013 NewsFactor Network. All rights reserved. Article rating technology by Blogowogo. Member of Accuserve Ad Network.