by Heather Mayer
, DOTmed News Reporter | September 07, 2010
Aiming to target smaller hospitals and clinics, Carestream Health said today it acquired X-ray systems manufacturer Quantum Medical Imaging, LLC.
Research to tap into this market has been in the works since last year, said Jim Barillo, Rochester-based Carestream's manager for corporate communications.
"We realized that Quantum Medical Imaging was the best fit for what we were looking for," he told DOTmed News.
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Because both companies are private, the terms of the deal were not disclosed.
The partnership will give both companies' clients access to Carestream's products and services and Quantum's products and services.
Quantum sells digital radiography and conventional X-ray systems, computed radiography systems and X-ray system components. The company serves hospitals, imaging centers, orthopedic facilities and medical clinics.
"[The acquisition] will enable us to better reach and serve the medical imaging needs of our customers, particularly smaller hospitals and clinics," said Barillo, who pointed out that smaller hospitals and clinics are an important link in the health care system.
The newly acquired company is now a wholly owned subsidiary, said Barillo, so it will still operate as Quantum.
"By joining forces with a global health care solutions provider of Carestream Health's caliber, we are further advancing and accelerating our growth trajectory," said Scott Matovich, president and CEO of Quantum, in prepared remarks. "We will continue our sharp focus on providing innovative imaging solutions for health care providers that place a premium on quality, value and success."