EIZO Corporation (TSE: 6737) announced that it has entered into a definitive agreement with Carina System Co., Ltd. of Japan to acquire all shares of Carina System.
As a Visual Technology Company, EIZO is expanding its business in specialty markets like healthcare, creative work, security & surveillance, and air traffic control by offering world-leading performance and reliability in product development and monitor solutions. One of EIZO’s priorities in particular is to expand its business in the healthcare market with a focus on the field of operating rooms.
Established in December 2008, Carina System develops hardware and software combined systems in-house for capturing, distributing, editing, and analyzing content for healthcare and broadcasting markets. Carina System currently holds a considerable market share in video solutions for operating rooms with an installation record of over 300 hospitals in Japan.
With this acquisition, EIZO can apply Carina System’s integration know-how, derived from their in-house research & development and extensive experience in target markets, to its monitor solutions. This allows EIZO to offer even more comprehensive visual technology solutions that expands its product offerings to cover video and image capture, distribution, and display.
In Japan, EIZO aims to strengthen its number one position in video capture and distribution systems for operating rooms. For overseas markets, EIZO will utilize its extensive sales network in Europe, US and China to encourage the success of these new visual technology solutions in markets worldwide. In addition to operating rooms in the healthcare market, EIZO will target other specialty markets to take a bigger leap forward as a Visual Technology Company.
EIZO (TSE:6737), which means image in Japanese, is a visual technology company that develops and manufactures high-end display solutions. EIZO integrates hardware and software technologies with consulting, web hosting, and other services to help customers in business, graphics, gaming, medicine, maritime, air traffic control, and other fields work more comfortably, efficiently, and creatively. Headquartered in Hakusan, Japan, EIZO has R&D and manufacturing facilities in Japan, China, Germany, and the US, and representation in more than 80 countries. For more information, please visit www.eizoglobal.com