SonoSite, which makes portable and mountable ultrasound technology and impedance cardiography equipment, will operate as a wholly owned subsidiary of Fujifilm when the deal closes. The company's ultrasound equipment is used in traditional applications such as radiology and obstetrics and gynecology, as well as in non-traditional settings, including emergency medicine, surgery and critical care.
“This transaction significantly accelerates Fujifilm's full-scale entry into the fast-growing hand-carried ultrasound equipment market and will position ultrasonography as a strategic pillar for the future growth of our medical systems business,” Fujifilm President and CEO Shigetaka Komori said in the news release.
The companies said that SonoSite's systems allow provide physicians to provide less-expensive care in hospitals and other healthcare settings.
In 2010, SonoSite acquired VisualSonics, a Toronto-based developer of high-frequency micro-ultrasound technology, for $71 million.
The Fujifilm Group's information solutions business, which includes Fujifilm's digital X-ray imaging and diagnostic systems and medical picture archiving and communications system, accounted for 41.4% of the group's revenues in the year ended March 31, 2011, according to Fujifilm Holdings' website.