CareRay Digital Medical Technology Co., Ltd, a company based in Suzhou (SHA: 688607), has announced plans to acquire a 30% stake in UK-headquartered ISDI Ltd for a consideration of GBP 12 million (USD 15.2 million). ISDI specializes in the research and development, manufacturing, and marketing of CMOS X-ray detectors and CMOS image sensors, with its business presence spanning across medical, industrial, and scientific research sectors. The company anticipates robust growth in its revenues and net profits, projecting an annual growth rate of 14% and 33% respectively from 2023 to 2028.
This strategic acquisition is expected to strengthen CareRay’s position in the global medical imaging market and enhance its product portfolio with advanced CMOS-based imaging technologies.- Flcube.com
