by Meghan Dwyer

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Ridgefield Park, NJ – January 28, 2013 – Samsung Electronics America, Inc., a subsidiary of Samsung Electronics Co. Ltd, today announced its acquisition of NeuroLogica, a leading Computed Tomography (CT) company headquartered in Danvers, Massachusetts.  Established in 2004, NeuroLogica develops cutting-edge medical imaging products and is known for its world-class portable CT scanners, such as BodyTom and CereTom. Terms of the deal were not disclosed.

The acquisition of NeuroLogica is another important step in the expansion of Samsung’s medical imaging business. Samsung will continue to strengthen its capabilities and product portfolio to establish itself as a trusted leader in the health and medical equipment industry.
The company plans to leverage its global brand awareness and world-leading technology in consumer electronics, IT and communications with NeuroLogica in order to expand medical imaging business.

Samsung Electronics is committed to its 2020 vision to explore new avenues of growth in the healthcare business by enhancing medical imaging diagnosis, providing innovation to both patients and doctors.

NOTE:
Chu, Ring & Hazel LLP has served counsel to NeuroLogica and represented it in connection with this transaction.

Click here to review the complete Samsung press release.

A Glimpse Of a Future In a New Kind Of Light, The New York Times, K Barnaby Feder, February 11, 2003

Energen, Inc. awarded Phase II SBIR contract to develop a three-dimensional active vibration isolation platform for Free Electron Lasers.

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