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 Why Google's Project Loon is Smart Snowden's Life Filled With Spycraft Samsung Offers Tiny, Superfast SSDs Authorities Want Phone 'Kill Switch' MS, Facebook Tell of Security Requests 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 CommVault is a data and information management software company dedicated to providing organizations worldwide with a radically better way to manage data and information. Their unique Solving Forward philosophy allows them to deliver complete solutions with infinite scalability and unprecedented control over data and costs. Be among the first to experience Simpana 10 software. Click here now.  Mobile Tech 1.   Why Google's Project Loon is Smart 2.   Authorities Want Phone 'Kill Switch' 3.   Small Business Gets Mobile Ad Boost 4.   Apple Bides Time, But Markets Moving 5.   MS Office 365 for iPhone Hits Market

Product Information and Resources for Technology You Can Use To Boost Your Business BYOD & MDM   Forrester Research Inc., Report: BYOD from AT&T. Make everyone more efficient. CRM Systems   How Microsoft Dynamics helped mobilize retail businesses   2 million CRM success stories and counting...   Experience CRM and Business Success today with Salesforce.com. Contact Centers   Unlock the potential in your people with Microsoft Dynamics   Improve your customer relationships 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   Make customer support easy with Desk.com customer support solution   Improve your customer relationships with Microsoft Dynamics Data Security   Simpana® 10 software: an exponential leap forward E-Commerce   Make customer support easy with Desk.com customer support solution 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   The best document scanner for you? Try KODAK's scanner selector Innovation   The best document scanner for you? Try KODAK's scanner selector   Brocade's mission: Making networks easier to deploy, manage, and scale.   The best document scanner for you? Try KODAK's scanner selector Laptops & Tablets   Panasonic Toughbook® mobile computers are built to keep you running. Mobile Tech   Panasonic Toughbook® mobile computers are built to keep you running.   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

Samsung Offers Tiny, Superfast PCIe SSDs for Ultrabooks Solid-state drives are continuing their march forward. On Monday, Samsung Electronics announced it has started to mass produce the first PCI-Express 3.0 SSDs for the new wave of Ultrabooks.   Amazon.com Joins 3D Printer Craze, Enabling Wide Availability Commercially available 3D printers have recently moved from being expensive hobbyist devices to being pricey but accessible consumer and manufacturing machines. And now, Amazon.com will sell 3D printers & supplies online.   New Facebook Data Center Uses All Home-Grown Servers Facebook has opened its new data center in Lulea, Sweden. The data center is a first in two ways: the first in Europe and the first to be equipped with all Facebook-designed, Open Compute servers.

Mobile Enterprise Spotlight

Why Google's Project Loon is Smart Business Google is once again proving that it's much more than a search engine or even a mobile-device company, with Project Loon. The initiative aims to bring "balloon-powered Internet" to isolated areas of the world.   Authorities Want Smartphone 'Kill Switch' To Fight Thefts Law enforcement authorities are calling on the smartphone industry to adopt "kill switch" technologies that would deter theft by squeezing the market for selling stolen devices, which would be worthless if "bricked."   Small Business Gets Boost from Mobile Marketing Aside from the requisite e-commerce tricks, small businesses are turning their attention to the mobile arena to engage social media-savvy customers, as mobile marketing tools offer more channels.

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.