Electronic Fans News: Defibtech, LLC is a designer and manufacturer of automatic external defibrillators (AED) and other resuscitation equipment. The company today announced that it has signed an agreement with Tokyo-based medical device company Japan Optoelectronics. Japan Optoelectronics acquired the company.
Significant expansion of technology and functions
The integration of the two companies will create a strengthening force in the global AED market. Defibtech and Japan Optoelectronics have launched more than 360,000 AEDs worldwide, and hope that this number will increase significantly. Defibtech plans to increase the company's reputation as an innovative and growing company in the AED market. In addition, Defibtech intends to accelerate its product development for several other recovery markets.
Dr. Glenn W. Laub, CEO of Defibtech, said: "Defibtech will not only continue to expand its AED product line, but also plan to develop and market other recovery solutions. Over the past ten years, we have deployed more than 160,000 AEDs around the world, It is a steadily growing force in the recovery market. We hope to continue this growth. "Defibtech's AED is marked by excellent manufacturing processes and usability, innovative design and affordable pricing, its excellence is obtained by security experts, Recognition of industrial design organizations and loyal customers. Dr Laub said: "Our new recovery solution will have the same high level of value and quality."
Defibtech will continue to operate independently as a wholly-owned subsidiary of Japan Optoelectronics' US branch and ResuscitaTIon SoluTIon Inc. headquartered in Delaware. Gintaras Vaisnys, President of Defibtech, said: "This is a great opportunity for Defibtech to complement the advantages of Japan Optoelectronics. Japan Optoelectronics is a leading force in the field of medical devices. Its global advantages will enhance Defibtech ’s innovative business model. We are very happy Seeing this relationship may bring several new product development and market opportunities, which will help Defibtech to grow rapidly in the next few years. "Defibtech's products will continue to use Defibtech's high-reputed trade name Defibtech employees design, manufacture and support.
Business development in the US market
Expanding business in the US market is a strategic goal of Japan Optoelectronics. At present, the operation of Nippon Optoelectronics in the United States is mainly through its neurology and patient monitoring business. By acquiring Defibtech, Japan Optoelectronics will enter the world's largest US recovery market.
The United States is also the center of scientific research leading to resuscitation, and its knowledge and achievements have strongly influenced the world trend in this field. After the acquisition of Defibtech, Japan Optoelectronics has a development base for recovery solutions in the United States, which enables this integrated organization to identify market trends at an early stage, strengthen cooperation with leading R & D institutions, and develop innovative recovery technologies suitable for global sales.
About Defibtech
Defibtech, LLC firmly pursues a goal: to market the best AED at an affordable price in the world. Defibtech designs and manufactures defibrillators, including LifelineTM and ReviveRTM family AEDs. Defibtech's products are sold through its network of distribution partners in the United States and worldwide. Defibtech is headquartered in Guilford, Connecticut. All AEDs of Defibtech are manufactured in the first-class ISO 13485: 2003 certified factory in the United States.
About Japan Optoelectronics
Japan Optoelectronics is Japan's leading medical electronic equipment manufacturer and provider. Japan Optoelectronics has annual sales of US $ 1.5 billion and is one of the top 100 medical device companies in the world. Japan Optoelectronics is a public holding company listed on the Tokyo Stock Exchange.
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