01.04.17
Advantech announced it will acquire a 60% stake in South Korea’s medical display company Kostec. The combination of Kostec’s medical display expertise and its business exposure in South Korea, Southeast Asia and North American markets, together with Advantech’s global brand and comprehensive sales, marketing, and services network in Europe, Greater China, the Middle East and Australia, will enable Advantech to grow and develop faster in the smart medical field.
“Though Advantech has product development capabilities and sales teams in medical nursing carts, medical tablets, and medical computing areas, we are still learning about professional-grade medical display product lines for the operating room,” Advantech CEO KC Liu said. “We expect to rely on Kostec’s industrial experience and professional techniques and expertise, in combination with Advantech’s existing global marketing and sales teams, to expand Advantech’s position in the intelligent hospital field.”
“Though Advantech has product development capabilities and sales teams in medical nursing carts, medical tablets, and medical computing areas, we are still learning about professional-grade medical display product lines for the operating room,” Advantech CEO KC Liu said. “We expect to rely on Kostec’s industrial experience and professional techniques and expertise, in combination with Advantech’s existing global marketing and sales teams, to expand Advantech’s position in the intelligent hospital field.”