CareRay Digital Medical Technology Co., Ltd, a leading medical technology company based in Jiangsu, has acquired a 30% stake in ISID Ltd, a London-based developer and manufacturer of high-end X-ray flat panel detectors and CMOS sensors, for a consideration of GBP 12 million (USD 15 million).
ISID specializes in the research and development, manufacturing, and marketing of CMOS flat panel detectors and sensors, with a robust business presence in the medical, industrial, and scientific research sectors. This strategic investment is anticipated to enhance CareRay’s technological footprint in the CMOS detector domain and is also projected to create synergistic value for the company, particularly in its TFT detector product lineup.-Fineline Info & Tech
