Mindray acquires high-end ultrasound firm, gets co-CEO
This article was originally published in Clinica
Executive Summary
China’s Mindray Medical International has agreed to buy Zonare Medical Systems for $105 million in a deal it believes will strengthen its high-end ultrasound R&D and US sales capabilities. Mountain View, California-based Zonare, founded in 1999, posted sales of $64 million in fiscal 2012. Its ultrasound diagnostic imaging systems are based on its ZONE-Sonography technology, which the company claims delivers “superior image quality”.