Wednesday, May 8, 2024

Samsung Medison Buys AI Software Firm Sonio SAS for $92 Million

SEOUL (Reuters) – South Korea’s Samsung Medison said on Wednesday it is acquiring all of France’s Sonio SAS, a fetal ultrasound artificial intelligence software company for about 126 billion won ($92.4 million).

Samsung Electronics owns 68.45% stake in Samsung Medison, a medical device company specialising in diagnostic imaging devices.

(Reporting by Joyce Lee; Editing by Tom Hogue)

Copyright 2024 Thomson Reuters.

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