Fluid Imaging Technologies Inc., of Scarborough, has been acquired by a Japanese biotechnology company.
Yokogawa Electric Corp. purchased all shares of Fluid Imaging, according to a news release. Terms were not disclosed.
Fluid Imaging is a developer of automated imaging solutions that help analyze cells and other microscopic particles that are suspended in liquid media. The company’s products are used in a wide variety of industries and scientific research.
“The combination of Fluid Imaging Technologies’ flow imaging instrumentation with Yokogawa’s optical engineering, artificial intelligence software, marketing, and distribution capabilities will accelerate FlowCam’s positioning as the global brand leader in flow imaging technology,” Kent Peterson, president and CEO of Fluid Imaging Technologies, said in the release. Read more