Company type | Private |
---|---|
Nasdaq: ALOG | |
Industry | Health Care (Medical Equipment & Devices) |
Founded | 1967Wakefield, Massachusetts | , in
Headquarters | Peabody, Massachusetts [1] |
Products | Medical & Security Imaging Systems and Subsystems |
Revenue | $486 million (FY 2017) |
Owner | Altaris Capital Partners, LLC |
Number of employees | 1,500 (2008) [2] |
Website | analogic |
Analogic Corporation is an American multinational corporation specialized in healthcare technology and aviation security industries. Primarily producing CT scan, digital mammography and MRI equipments for health facilities, the company also develops baggage screening, checkpoint and motion control technologies for airports. [3] [4]
Bernard M. Gordon founded Gordon Engineering in 1963. The company is later renamed to Analogic Corporation in 1967. [5] While at Analogic, Gordon and his engineering team conceived and developed the first digital waveform analyzing and computing instrumentation; "instant imaging" Computed Tomography (CT) system; portable, mobile CT scanner; and the first three-dimensional, multi-slice, dual-energy explosive detection CT system, among many other pioneering products. [6]
The company opened a manufacturing facility in Shanghai, China, in December 2009. [7]
Analogic Corporation was acquired in 2018 by an affiliate of private equity firm Altaris Capital Partners. [8] [9]
As of April 2018, the company employs 1,500 employees worldwide with approximately 800 working at the main facility and headquarters in Peabody, Massachusetts. [10]
Jim Green, who had been CEO for nine years, stepped down from his position in 2016. [11] He was succeeded by Fred B. Parks. [12] Tom Ripp is the current CEO. [13]
Analogic was included in Electronic Design's list for the Top 50 Employers in Electronic Design in 2012. It was also selected by the Boston Globe as one of the top 100 companies in Massachusetts in 2013. [14]
Ultrasonix Medical Corporation
Ultrasonix Medical Corporation was a Vancouver, Canada-based sonography equipment company founded in 2000 which Analogic acquired in 2013 as a strategic expansion of its own ultrasound imaging product line and customer base, including an installed base of 5,000 systems globally. [1] [15] [16] At the time of its acquisition, Ultrasonix had at least two manufacturing plants, in Englewood, Colorado and Vancouver, British Columbia, both of which were closed following the acquisition. [17]
Copley Controls
In 2008, Analogic acquired Copley Controls, a Canton, Mass.-based supplier of gradient amplifiers for MRI Systems. [18]
Analogic provides imaging systems and technology that enable computed tomography (CT), digital mammography, and magnetic resonance imaging (MRI). The company's CT, MRI, and digital mammography products are sold to original equipment manufacturers (OEMs).
Koninklijke Philips N.V., commonly shortened to Philips, is a Dutch multinational conglomerate corporation that was founded in Eindhoven in 1891. Since 1997, its world headquarters have been situated in Amsterdam, though the Benelux headquarters is still in Eindhoven. Philips was once one of the largest consumer electronics companies in the world, but later focused on health technology, having divested its other divisions.
Agfa-Gevaert N.V. (Agfa) is a Belgian-German multinational corporation that develops, manufactures, and distributes analogue and digital imaging products, software, and systems.
Fujifilm Holdings Corporation, trading as Fujifilm, or simply Fuji, is a Japanese multinational conglomerate headquartered in Tokyo, Japan, operating in the areas of photography, optics, office and medical electronics, biotechnology, and chemicals.
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Abbott Laboratories is an American multinational medical devices and health care company with headquarters in Green Oaks, Illinois, United States. The company was founded by Chicago physician Wallace Calvin Abbott in 1888 to formulate known drugs; today, it sells medical devices, diagnostics, branded generic medicines and nutritional products. It split off its research-based pharmaceuticals business into AbbVie in 2013.
GE HealthCare Technologies, Inc. is an American multinational medical technology company headquartered in Chicago, Illinois. It was spun-off from General Electric on January 4, 2023, with GE retaining 6.7%. As of 2017, it is a manufacturer and distributor of diagnostic imaging agents and radiopharmaceuticals for imaging modalities used in medical imaging procedures. It offers dyes used in magnetic-resonance-imaging procedures; manufactures medical diagnostic equipment, including CT image machines; MRI, X-ray; ultrasound; cath labs; mammogram; Nuclear Medicine Cameras; and develops health technology for medical imaging and information technologies, medical diagnostics, patient monitoring systems, disease research, drug discovery, and biopharmaceutical manufacturing. It was incorporated in 1994 and operates in more than 100 countries.
Boston Scientific Corporation (BSC), headquartered in Watertown, Massachusetts and incorporated in Delaware, is a biomedical/biotechnology engineering firm and multinational manufacturer of medical devices used in interventional medical specialties, including interventional radiology, interventional cardiology, peripheral interventions, neuromodulation, neurovascular intervention, electrophysiology, cardiac surgery, vascular surgery, endoscopy, oncology, urology and gynecology. Boston Scientific is widely known for the development of the Taxus Stent, a drug-eluting stent which is used to open clogged arteries. With the full acquisition of Cameron Health in June 2012, the company also became notable for offering a minimally invasive implantable cardioverter-defibrillator (ICD) which they call the EMBLEM subcutaneous implantable defibrillator (S-ICD).
Radisys Corporation is an American technology company located in Hillsboro, Oregon, United States that makes technology used by telecommunications companies in mobile networks. Founded in 1987 in Oregon by former employees of Intel, the company went public in 1995. The company's products are used in mobile network applications such as small cell radio access networks, wireless core network elements, deep packet inspection and policy management equipment; conferencing, and media services including voice, video and data. In 2015, the first-quarter revenues of Radisys totaled $48.7 million, and approximately employed 700 people. Arun Bhikshesvaran is the company's chief executive officer.
VF Corporation is an American global apparel and footwear company founded in 1899 by John Barbey and headquartered in Denver, Colorado. The company's 13 brands are organized into three categories: Outdoor, Active and Work. In 2015, the company controlled 55% of the U.S. backpack market with the JanSport, Eastpak, Timberland, and The North Face brands.
Siemens Healthineers is a German company which provides healthcare services. It was spun off from its parent company Siemens in 2017, which retains a 75% stake. Siemens Healthineers is the parent company for several medical technology companies and is headquartered in Erlangen, Germany.
ON Semiconductor Corporation is an American semiconductor supplier company, based in Scottsdale, Arizona. Products include power and signal management, logic, discrete, and custom devices for automotive, communications, computing, consumer, industrial, LED lighting, medical, military/aerospace and power applications. onsemi runs a network of manufacturing facilities, sales offices and design centers in North America, Europe, and the Asia Pacific regions. Based on its 2016 revenues of $3.907 billion, onsemi ranked among the worldwide top 20 semiconductor sales leaders, and was ranked No. 483 on the 2022 Fortune 500 based on its 2021 sales.
Bernard Marshall Gordon is an American engineer, inventor, entrepreneur, and philanthropist. He is considered "the father of high-speed analog-to-digital conversion".
Bruker Corporation is an American manufacturer of scientific instruments for molecular and materials research, as well as for industrial and applied analysis. It is headquartered in Billerica, Massachusetts, and is the publicly traded parent company of Bruker Scientific Instruments and Bruker Energy & Supercon Technologies (BEST) divisions.
John Fitzallen Moore was an American physicist, the son of authors Virginia Moore and Louis Untermeyer. His last name was legally changed after his parents' divorce. His work in military electronics, communications, and spectroscopy culminated in medical electronics and x-ray products with the founding of the company Bio-Imaging Research.
Elron Electronic Industries is an Israeli technology holding company based in Tel Aviv; since 1962 the company has been involved in setting up, funding and developing over 30 companies and is considered one of the foundation stones of the high-tech industry in Israel. The company's sectors of interest include clean technology, software, semiconductors, medical technology, telecommunications, defence and aerospace. Today, the combined annual revenues of the companies established by Elron are approximately $5 billion.
Elscint was an Israeli technology company that developed, manufactured and sold medical imaging solutions, including: Nuclear medicine, computed tomography magnetic resonance imaging and X-ray scanners. Elscint's shares traded on the NASDAQ as well as on the Tel Aviv Stock Exchange. At its height, Elscint was a world leader in the development of medical imaging technologies. Most of Elscint's activities were sold to GE Healthcare and Philips Medical Systems.
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BTG Limited is an international specialist healthcare company that is developing and commercialising products targeting critical care, cancer and other disorders. The current name was adopted when the British Technology Group changed its name on 27 May 1998. BTG was a constituent of the FTSE 250 Index until it was acquired by Boston Scientific in August 2019.
In medicine, breast imaging is a sub-speciality of diagnostic radiology that involves imaging of the breasts for screening or diagnostic purposes. There are various methods of breast imaging using a variety of technologies as described in detail below. Traditional screening and diagnostic mammography uses x-ray technology and has been the mainstay of breast imaging for many decades. Breast tomosynthesis is a relatively new digital x-ray mammography technique that produces multiple image slices of the breast similar to, but distinct from, computed tomography (CT). Xeromammography and galactography are somewhat outdated technologies that also use x-ray technology and are now used infrequently in the detection of breast cancer. Breast ultrasound is another technology employed in diagnosis and screening that can help differentiate between fluid filled and solid lesions, an important factor to determine if a lesion may be cancerous. Breast MRI is a technology typically reserved for high-risk patients and patients recently diagnosed with breast cancer. Lastly, scintimammography is used in a subgroup of patients who have abnormal mammograms or whose screening is not reliable on the basis of using traditional mammography or ultrasound.
Joseph J. Allaire, better known professionally as J. J. Allaire, is an American-born software engineer and Internet entrepreneur. He created the ColdFusion programming language and web application server, founded Allaire Corporation, OnFolio, FitNow, and RStudio, and created LoseIt! and Windows Live Writer. Allaire is currently the founder and CEO of statistical computing company Posit.