Japan's Fujifilm to buy US ultrasound maker

Japanese film and camera maker Fujifilm on Thursday announced an agreement to buy SonoSite, a US ultrasound equipment manufacturer, for $995 million.

Fujifilm, which has been diversifying into healthcare, said it would make an all-cash offer to purchase all outstanding shares of SonoSite through its US subsidiary.

"This transaction significantly accelerates Fujifilm's full-scale entry into the fast-growing hand-carried ultrasound equipment market," President and CEO of , Shigetaka Komori said in a statement.

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(c) 2011 AFP

Citation: Japan's Fujifilm to buy US ultrasound maker (2011, December 15) retrieved 27 November 2021 from https://phys.org/news/2011-12-japan-fujifilm-ultrasound-maker.html
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