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Hitachi, Ltd. acquires AccSys Technology, Inc to expand proton beam therapy systems business.

Publication: M2 Presswire
Publication Date: 29-MAY-02
Format: Online - approximately 617 words
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-29 May 2002-HITACHI: Hitachi, Ltd. acquires AccSys Technology, Inc to expand proton beam therapy systems business (C)1994-2002 M2 COMMUNICATIONS LTD

RDATE:05292002

Tokyo, Japan -- 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...

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