Hitachi sets up ultrasound venture with Advanced Technology Laboratories (ATL):
This article was originally published in Clinica
Executive Summary
Hitachi Medical (Japan) is to set up a joint venture with US ultrasound manufacturer Advanced Technology Labs for the development and marketing of diagnostic ultrasound equipment. In addition to acquiring 40% of the shares of ADI, ATL's R&D subsidiary, Hitachi will market ATL's products in Japan. The purchase price will be decided by December 8th.