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In Brief: ATL/Hitachi

This article was originally published in The Gray Sheet

Executive Summary

ATL/Hitachi: Establish joint venture for ultrasound research and development, the firms announce. Hitachi Medical Corp. becomes Advanced Technology Laboratories' distributor in Japan with a primary focus on ATL's high end HDI 3000 ultrasound system. Regulatory approval in Japan is anticipated in approximately six months. Under the deal, HMC will acquire a 40% stake in ATL's Atlantis Diagnostics International subsidiary. ADI was formed in 1993 "for the research and development of advanced ultrasound technologies"...
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