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Finnish Detection Technology To Acquire Chinese Haobo Imaging to Enter Flat Panel Detector Market

March 25, 2023 at 12:11:23 AM

Detection Technology plc has agreed to acquire X-ray flat panel detector provider Shanghai Haobo Imaging Technology Co. Ltd. to expand in the thin-film transistor (TFT) flat panel detector market. Shanghai-based Haobo Imaging was valued at around €14 million (US$15 million).

Finland-based Detection Technology will acquire a 90% stake in the Chinese company while Haobo Imaging’s founder and management will maintain 10% of the shares.

- BioWorld -

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