SEOUL Jan 29 Samsung Electronics Co
said on Tuesday that its U.S. subsidiary had acquired
NeuroLogica, a maker of computed tomography (CT) machines, in
its latest push into the medical equipment business to take on
the likes of General Electric Co and Philips AG.
Samsung Electronics America has fully acquired
Massachusetts-based start-up NeuroLogica for an undisclosed
amount, the South Korean company said in a statement.
NeuroLogica, which was established in 2004, manufactures
portable CT scanners.
The head of Samsung's consumer electronics division had told
Reuters earlier this month that the company was seeking to grow
its medical device unit by adding MRI scanners and CT machines,
and the company was open to making acquisitions.
Samsung has said it plans to spend 1.2 trillion won ($1.1
billion) in the medical equipment business by 2020 to make it a
$10 billion operation by then.
It acquired a controlling stake in Korean ultrasound
equipment firm Medison in 2010 and its affiliate later for
around $300 million in total, its biggest ever acquisition in
the healthcare industry.