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Home » Canon Acquiring Toshiba’s Medical Unit for $6B
Canon Acquiring Toshiba’s Medical Unit for $6B
Canon has agreed to pay roughly $6 billion to acquire Toshiba’s medical systems unit.
In December 2015, Toshiba announced plans to sell the unit — in part to improve the company’s financial strength — following the resignation of its CEO over accounting irregularities.
The unit’s portfolio includes diagnostic X-ray systems, magnetic resonance imaging systems, diagnostic ultrasound and diagnostic nuclear medicine systems. The transaction needs sign off from regulatory bodies. — Jonathon Shacat
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