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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