Shearman Aids Fujifilm In $995M Buy Of Ultrasound Co.

Law360, New York (December 15, 2011, 1:39 PM EST) -- Fujifilm Holdings Corp. on Thursday announced plans to buy portable-ultrasound maker SonoSite Inc. in a $995 million deal that extends the imaging technology company's reach in the health care field.

The deal combines Fujifilm's high-quality imaging technologies with SonoSite's point-of-care experience, according to Fujifilm.

"This transaction significantly accelerates Fujifilm's full-scale entry into the fast-growing hand-carried ultrasound equipment market and will position ultrasonography as a strategic pillar for the future growth of our medical systems business," Fujifilm CEO Shigetaka Komori said.

Fujifilm said it would make an...
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