Nihon Kohden acquires Neurotronics
31 December 2008
Japanese company Nihon Kohden Corporation has announced the mutual
agreement of acquisition of a 100% share of Florida-based Neurotronics
Incorporated. Neurotronics becomes a subsidiary of Nihon Kohden
Corporation on December 31, 2008.
Neurotronics Incorporated was established by Dr. Jack Smith to
develop sleep analysis devices and software. Neurotronics develops,
sells and services a sleep data management suite of programs, including
the sleep brain wave analysis program Polysmith DMS.
Nihon Kohden will strengthen its position as a leader in the
neurology business with the acquisition of Neurotronics.
Fumio Suzuki, President and Chief Operating Officer of Nihon Kohden
Corporation commented, “Nihon Kohden and Neurotronics have been
long-standing strategic partners in the sleep-respiratory business.
Through this acquisition, we can synergize Nihon Kohden’s neurology
diagnostics technology and Neurotronics’ sleep analysis expertise to
strengthen our products and services in this growing sleep-respiratory
market. We also expect to increase both companies’ sales by leveraging
Nihon Kohden’s global distribution network.”
Through the combined efforts of both companies, Nihon Kohden expects
to increase world-wide sales in sleep and set a foundation for its
long-term strategy in the sleep and neurodiagnostic fields, with the
continuing goal of improving the quality of medical treatment.
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