Daily Newsletter

08 May 2024

Daily Newsletter

Samsung to acquire foetal ultrasound AI software company Sonio

Sonio has developed IT solutions and AI assistant features for obstetrics and gynaecology ultrasound.

Archana Rani May 08 2024

Samsung Medison, an affiliate of Samsung Electronics and a global medical equipment company, has entered an agreement for the acquisition of France-based foetal ultrasound AI software company Sonio.

The deal is valued at about $92.4m, reported Reuters.

The acquisition is expected to strengthen Samsung's position in the medical device sector by integrating AI into its ultrasound systems.

Established in 2020, Sonio has developed IT solutions and AI assistant features for obstetrics and gynaecology ultrasound, aiding medical professionals in evaluating and documenting ultrasound exams.

The company’s FDA 510(k) cleared AI assistant, Sonio Detect, utilises deep learning networks to enhance image quality in real-time and improve clinical accuracy, thus elevating the quality of care.

Samsung Medison CEO Yong Kwan Kim said: “Through the acquisition of Sonio, Samsung Medison will continue to deliver upon our promise to improve the quality of people’s lives with technology.

“Collaboration with Sonio will bring together best-in-class ultrasound AI technology and reporting capabilities to bring a paradigm shift in the prenatal ultrasound exam.”

The transaction is subject to necessary regulatory approvals, including that of the French Ministry of the Economy and Finance.

The combination of Samsung Medison’s ultrasound systems and Sonio’s AI expertise is expected to bring about breakthrough AI-enhanced workflows and innovation in patient outcomes.

Sonio will continue to operate as an independent company based in France and ensure its products and services will comply with all ultrasound device manufacturers.

Sonio CEO Cécile Brosset said: “Samsung Medison’s established global ultrasound business combined with Sonio’s advanced AI creates an exciting growth opportunity for both sides.

“In addition to close collaboration with Samsung Medison, as an independent company, Sonio will continue to advance medical reporting technology and diagnostic software globally, including for underserved areas in healthcare.”

Uncover your next opportunity with expert reports

Steer your business strategy with key data and insights from our latest market research reports and company profiles. Not ready to buy? Start small by downloading a sample report first.

Newsletters by sectors

close

Sign up to the newsletter: In Brief

Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Thank you for subscribing

View all newsletters from across the GlobalData Media network.

close