Newsletters
News & Information for Technology Purchasers NewsFactor Sites:       NewsFactor.com     Enterprise Security Today     CRM Daily     Business Report     Sci-Tech Today  
   
Home Enterprise I.T. Cloud Computing Applications Hardware More Topics...
Mobile Tech
Tame your scariest paperwork. Find Out How
Average Rating:
Rate this article:  
Samsung Buys Medical Imaging Firm NeuroLogica
Samsung Buys Medical Imaging Firm NeuroLogica

By Jennifer LeClaire
January 29, 2013 2:10PM

    Bookmark and Share
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."
 



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:



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.   Apple Smart Watch Patent Surfaces
2.   iPhone 6: Bad for Apple Tablet Sales?
3.   GoTenna: Work-Thru for Dead Zones
4.   Nokia X Phones Had Identity Crisis
5.   Microsoft Axes Android Phones


advertisement
Product Information and Resources for Technology You Can Use To Boost Your Business

Network Security Spotlight
34 European Banks Hit by Android-Skirting Malware
Criminals have been finding gaping holes in Android-based two-factor authentication systems that banks around the world are using. The result: 34 banks in four European countries have been hit.
 
New Web Tracking Technologies Defeat Privacy Protections
Recently developed Web tracking tools are able to circumvent even the best privacy defenses, according to a new study by researchers at Princeton and the University of Leuven in Belgium.
 
Juniper DDoS Solution Aims at High-IQ Networks
In the face of more complex attacks, Juniper Networks is boosting its DDoS Secure solution to help companies mitigate the threats with more effective security intelligence throughout the network fabric.
 

Enterprise Hardware Spotlight
Contrary to Report, Lenovo's Staying in Small Windows Tablets
Device maker Lenovo has clarified a report that indicated it is getting out of the small Windows tablet business -- as in the ThinkPad 8 and the 8-inch Miix 2. But the firm said it is not exiting that market.
 
Seagate Unveils Networked Drives for Small Businesses
Seagate is out with five new networked attached storage products aimed at small businesses. The drives are for companies with up to 50 workers, and range in capacity from two to 20 terabytes.
 
Another Day, Another Internet of Things Consortium Is Born
In the emerging Internet of Things, zillions of devices will be talking to each other. Samsung, Intel and Dell just formed a consortium to ensure each thing can understand what others are saying.
 

Navigation
NewsFactor Network
Home/Top News | Enterprise I.T. | Cloud Computing | Applications | Hardware | Mobile Tech | Big Data | Communications
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 2000-2014 NewsFactor Network. All rights reserved. Article rating technology by Blogowogo. Member of Accuserve Ad Network.