DEVENS, Mass.--(BUSINESS WIRE)--MagneMotion Inc., a leading provider of products and transport systems based on Linear Synchronous Motor (LSM) technology today announced a strategic partnership with Siemens Healthcare Diagnostics, a global leader in clinical diagnostics, whereby Siemens has acquired an exclusive license for the use of MagneMotion’s advanced LSM products and technologies in the field of in-vitro diagnostics (IVD). This right will extend to MagneMotion’s current products as well as market requirements for future LSM products and customer applications within the IVD industry. MagneMotion will continue to service its existing IVD customers and, on a selective basis, work with Siemens on near-term market opportunities.
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