Printer Friendly

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.

((Comments on this story may be sent to nbr.feedback@nordicbusinessreport.com))

COPYRIGHT 2005 Normans Media Ltd.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Nordic Business Report
Article Type:Brief Article
Geographic Code:1USA
Date:Jul 6, 2005
Words:115
Previous Article:Displayit AB secures strategic orders worth SEK2.5m.
Next Article:LjungbergGruppen AB signs property development deal with Kinnarps AB.
Topics:

Terms of use | Privacy policy | Copyright © 2021 Farlex, Inc. | Feedback | For webmasters |