Eizo buys Siemens' medical display unit

AuntMinnieEurope.com staff writers

Jun 25, 2007

Eizo Nanao, parent company of display provider Eizo Nanao Technologies of Cypress, CA, has entered into a definitive agreement to acquire the medical monitor business of Siemens Automation and Drives in Nuremberg, Germany.

The Ishikawa, Japan-based company would obtain the division's operations in Karlsruhe, Germany, as well as some 130 employees in Germany, U.S., France, and China, in the transaction.

Sales revenue for the medical monitor business totaled 59 million euros ($79.3 million U.S.) in fiscal-year 2006 (end-September 30).

The companies expect to complete the acquisition before the end of the year.

By AuntMinnie.com staff writers
June 26, 2007

Related Reading

Eizo adds new monitors, upgrades product line, November 29, 2006

Eizo Nanao Technologies, November 2, 2006

Eizo Nanao introduces new monitor, October 23, 2006

Eizo adds to display line, September 12, 2006

Road to RSNA, Eizo Nanao Technologies, November 15, 2005

Copyright © 2007 AuntMinnie.com

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