Feature | August 27, 2012

August 27, 2012 — Siemens Healthcare announced that the company has entered into a definitive agreement to acquire substantially all of the assets of Penrith Corp. of Plymouth Meeting, Pa., a manufacturer of integrated ultrasound imaging systems. Through this acquisition, Siemens will offer new and improved diagnostic capabilities. The deal is expected to close in September 2012.

“This acquisition positions Siemens to bring new, meaningful solutions to the ultrasound market and to expand our presence in attractive business segments,” said Jeffrey Bundy, CEO, Siemens Healthcare ultrasound business unit. “Through this acquisition, Siemens is executing its strategic focus, announced via Agenda 2013, on strengthening the Healthcare Sector’s innovative power and competitiveness. We welcome the addition of Penrith’s highly experienced ultrasound employees to the Siemens Healthcare family.”

“We are very pleased to join Siemens Healthcare,” said Michael G. Cannon, president of Penrith Corp. Upon closing of the transaction, he will become Siemens Ultrasound’s vice president and general manager, point-of-care solutions. “Our portfolio and technology competence in the miniaturization of ultrasound devices will strengthen Siemens’ ability to develop pioneering technologies and future breakthrough innovations that advance and expand ultrasound’s role in medicine – specifically, innovations that are tailored to the needs and means of diverse markets.”

For more information, visit www.siemens.com/healthcare
 


Related Content

News | RSNA

Nov. 27, 2022 — ClariPi Inc. has announced that its ClariCT.AI software will be released on Siemens Healthineers’ ...

Time November 27, 2022
arrow
News | RSNA

November 27, 2022— Royal Philips, a global leader in health technology, today announces its portfolio of smart ...

Time November 27, 2022
arrow
News | RSNA

November 23, 2022 — The Radiological Society of North America (RSNA) has announced the official results of the RSNA ...

Time November 23, 2022
arrow
News | Digital Radiography (DR)

November 22, 2022 — Canadian manufacturer KA Imaging is introducing its first mobile X-ray system at the upcoming RSNA ...

Time November 22, 2022
arrow
News | Pediatric Imaging

November 22, 2022 — A new MRI study revealed that consumption of alcohol even in low to moderate amounts during ...

Time November 22, 2022
arrow
News | Lung Imaging

November 22, 2022 — Diagnosing early-stage lung cancer with low-dose CT screening drastically improves the long-term ...

Time November 22, 2022
arrow
News | Lung Imaging

November 21, 2022 — Radiological Society of North America (RSNA) 2022 meeting attendees are invited to visit 4DMedical’s ...

Time November 21, 2022
arrow
News | Artificial Intelligence

November 21, 2022 — The Eureka Clinical AI platform, from ConcertAI’s TeraRecon, now provides clinicians with key ...

Time November 21, 2022
arrow
News | Magnetic Resonance Imaging (MRI)

November 17, 2022 — According to an accepted manuscript published in ARRS’ American Journal of Roentgenology (AJR) ...

Time November 17, 2022
arrow
Feature | RSNA | By Alan Stoddart

Top 10 Predictions for RSNA 2022 was published as an infographic as part of Signify Research's Premium Insights service ...

Time November 17, 2022
arrow
Subscribe Now