INFINITT Healthcare expands in UK with takeover of Ferrania UK
1 March 2011
Seoul-based INFINITT Healthcare has expanded its presence in the UK with the purchase of a majority shareholding in radiology systems supplier Ferrania UK. Ferrania UK has now been renamed INFINITT UK Ltd.
INFINITT Healthcare provides products to more than 2,000 medical facilities in 25 countries and says it aims to be amongst the top five global medical imaging solution and service providers by 2014. The expansion of its penetration in the UK market will play a significant part in achieving that target.
The new organisation will introduce new technologies, extending the services and products it can offer UK customers, capitalising on growth opportunities as the company continues to expand across the globe.
Ferrania UK has 80 years experience in integrated solutions for the medical diagnostic imaging market and now as INFINITT UK the company will continue to provide the very latest in state of the art technologies.
Graeme Russell of INFINITT UK said: “This acquisition is a very exciting opportunity for the UK company. INFINITT Healthcare is a market leader in the countries in which it currently operates and the existing platform Ferrania UK can offer means that it can now extend its reach into the UK. For Ferrania, now INFINITT UK, the additional investment and support means that we can expand our product and service offering to existing and potential clients and provide a fully comprehensive and integrated service to the UK healthcare market.”
Among the company’s core products is its picture archiving & communication systems (PACS) encompassing single database architecture for radiology (including radiology information system), cardiology, mammography and dental systems. In addition to this the company also offers a market leading advanced 3D diagnosis support solution, Xelis incorporating cardiac, lung, colon and dental solutions.
The company has already secured a three year extension to the Newcastle Upon Tyne Hospitals NHS Foundation Trust RIS/PACS managed service contract. All other existing clients’ systems will be serviced and maintained as before and a much wider choice of new products and services will be available to customers.
No jobs will be lost as a result of the acquisition. The UK operation is expected to grow through an increase in the number of hospital facilities across the country that use INFINITT UK’s products and services as well as extending accessibility through all healthcare disciplines, incorporating dental surgeries and GP Practices.