Samsung: $92.7 Million Sonio Acquisition Deal

Samsung Medison Co., Ltd. is a manufacturer of diagnostic ultrasound systems. It is a subsidiary of Samsung Electronics and was founded in 1985. As of 2020, the company has sold its medical devices in 110 countries, which amounts to 85% of its total sales.

According to reports, Samsung Medison has announced the acquisition of Sonio, a digital health company, for $92.7 million USD. This acquisition deal aims to advance maternal care through AI-powered ultrasound systems. Sonio’s software would help bring better AI-driven imaging workflows to the market.

The report further states that Sonio will continue to operate in France and expand its market presence, as well as its medical reporting technology and diagnostic software globally.

Sonio is a French company founded in 2020 and headquartered in France. It specializes in hearing healthcare and AI technology. They aim to revolutionize the hearing aid industry by providing innovative and affordable solutions for individuals with hearing loss.