Sectra AB to wind up projects with Philips Medical Systems.
NORDIC BUSINESS REPORT-6 July 2005-Sectra AB to wind up projects with Philips Medical Systems(C)1994-2005 M2 COMMUNICATIONS LTD http://www.m2.com
The Swedish high-tech company Sectra AB confirmed on Wednesday (6 July) that its partner Philips Medical Systems' recent acquisition of a US software company would have an impact on Sectra's turnover and result.
Sectra has provided Philips Medical Systems with software for handling digital X-ray pictures, but the acquisition gives Philips Medical Systems capacity to develop its own software.
Sectra said that it had a number of long-term projects with Philips Medical Systems, and that these would be successively terminated.
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|Publication:||Nordic Business Report|
|Article Type:||Brief Article|
|Date:||Jul 6, 2005|
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