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Hitachi, Ltd. Acquires AccSys Technology, Inc. to Expand Proton Beam Therapy Systems Business.

Publication: Business Wire
Publication Date: 29-MAY-02 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
Business Editors & Medical/High-Tech Writers

TOKYO--(BUSINESS WIRE)--May 29, 2002

Hitachi, Ltd. (TSE: 6501, NYSE: HIT, "Hitachi") today announced that it has acquired an eighty percent (80%) stake in AccSys Technology, Inc., (AccSys) to expand its proton beam therapy systems business. Through the acquisition, Hitachi will apply AccSys's ion linear accelerator (linac) technology to its in-house developed proton beam therapy system (PROBEAT). The move will enable Hitachi to aim for the top share in this market.

Proton beam therapy is a new type of...

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