{"id":17508,"date":"2023-07-03T22:45:33","date_gmt":"2023-07-03T22:45:33","guid":{"rendered":"https:\/\/g-medtech.com\/news\/?p=17508"},"modified":"2023-10-17T10:29:20","modified_gmt":"2023-10-17T10:29:20","slug":"detection-technology-completes-the-acquisition-haobo-imaging","status":"publish","type":"post","link":"https:\/\/g-medtech.com\/news\/detection-technology-completes-the-acquisition-haobo-imaging\/","title":{"rendered":"Detection Technology Completes the Acquisition Haobo Imaging"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Detection Technology has completed the acquisition of Haobo Imaging, a Shanghai-based supplier of flat panel X-ray detectors.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Detection Technology has acquired 90% of the shares in Haobo Imaging for \u20ac12 million, funded by cash on hand and a term loan.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The founders and management of Haobo Imaging will continue to hold 10% of the shares. Detection Technology intends to acquire the remaining shares in the future under agreed terms.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Apart from normal working capital items, no material liabilities were transferred as part of the acquisition. The acquired business is expected to be earnings positive in 2025.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Sales of the acquired business will be reported as part of Detection Technology&#8217;s business units, so the reporting structure of the company remains unchanged. The acquired business will be organized as part of the company&#8217;s Medical Business Unit (MBU).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Haobo Imaging has solid product platforms and strong know-how in static and dynamic TFT flat panel detectors based on a-Si (Amorphous Silicon) and IGZO (Indium Gallium Zinc Oxide) technologies. Its solutions include both hardware and software. The company has a well-established customer base and employs 40 professionals in Shanghai, China.<\/p>\n\n\n\n<figure class=\"wp-block-embed aligncenter is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe class=\"lazyload\" data-src=\"https:\/\/www.youtube.com\/embed\/gUerfKQMNyI?feature=oembed\" title=\"Haobo Imaging is a high-tech enterprise which develops and produces X-ray flat panel detectors.\" width=\"800\" height=\"450\"  frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">On 15th of March 2023, Detection Technology announced its plan to acquire Shanghai Haobo Imaging Technology Co., Ltd and to invest in the thin-film transistor (TFT) technology in order to double its total addressable market. With the acquisition, Detection Technology\u2019s product range covers all digital X-ray imaging detector technologies.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cI am pleased to officially welcome Haobo Imaging as part of Detection Technology. This acquisition boosts the customer experience and our long-term growth,\u201d says Hannu Martola, President and CEO at Detection Technology.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Haobo Imaging is a Shanghai-based X-ray flat panel detector supplier<\/p>\n","protected":false},"author":2,"featured_media":23089,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"colormag_page_layout":"default_layout","footnotes":""},"categories":[5,488,676,10],"tags":[453,595],"class_list":["post-17508","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-asia-pacific","category-breaking-news","category-imaging-diagnostics","category-strategic-development","tag-china","tag-ma"],"_links":{"self":[{"href":"https:\/\/g-medtech.com\/news\/wp-json\/wp\/v2\/posts\/17508","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/g-medtech.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/g-medtech.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/g-medtech.com\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/g-medtech.com\/news\/wp-json\/wp\/v2\/comments?post=17508"}],"version-history":[{"count":6,"href":"https:\/\/g-medtech.com\/news\/wp-json\/wp\/v2\/posts\/17508\/revisions"}],"predecessor-version":[{"id":17518,"href":"https:\/\/g-medtech.com\/news\/wp-json\/wp\/v2\/posts\/17508\/revisions\/17518"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/g-medtech.com\/news\/wp-json\/wp\/v2\/media\/23089"}],"wp:attachment":[{"href":"https:\/\/g-medtech.com\/news\/wp-json\/wp\/v2\/media?parent=17508"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/g-medtech.com\/news\/wp-json\/wp\/v2\/categories?post=17508"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/g-medtech.com\/news\/wp-json\/wp\/v2\/tags?post=17508"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}