Siemens Healthcare, a unit of Siemens AG (SI), Tuesday said it agreed to acquire Penrith Corporation, a maker of integrated ultrasound imaging systems, to expand its portfolio of diagnostic systems. The company expects the deal to close in September 2012.
"This acquisition uniquely positions Siemens to bring new, meaningful solutions to the ultrasound market and to expand our presence in attractive business segments," said Jeffrey Bundy, CEO, Siemens Healthcare Ultrasound Business Unit.
The company did not disclose any financial details of the acquisition in the statement.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.