Toshiba Medical Systems Corporation: New Subsidiary to be Established in South Korea
Published: Mar 04, 2013
OTAWARA, Japan--(BUSINESS WIRE)--Toshiba Medical Systems Corporation (headquarters: Otawara, Tochigi, Japan; president: Satoshi Tsunakawa) will acquire 70% of the stock in the Korean company, TI Medical Systems Co., Ltd. (headquarters: Seoul, South Korea; president: Charles Ju) held by INFINITT Healthcare Co., Ltd. (headquarters: Seoul, South Korea; president: Yong-Eum Ban) and establish a wholly owned subsidiary in South Korea. This subsidiary will start its operations in April, 2013. TI Medical Systems Co., Ltd., was jointly established in 2009 by Toshiba Medical Systems Corporation (TMSC) and INFINITT Healthcare Co., Ltd., a leading PACS company in South Korea. Since its establishment, the company has served in excellent sales and service activities as the sole distributor of TMSC. TI Medical Systems handles highly advanced medical imaging equipment and has installed 12 Aquilion ONETM, industry's only Dynamic Volume CT scanner with a 160-mm wide area detector.