Tokyo Manufacturer to Acquire Defibtech
The Guilford, Conn.-based manufacturer of AEDs and other resuscitation equipment will continue to operate independently as a wholly owned subsidiary of Delaware-based Resuscitation Solution Inc., a U.S. subsidiary of Nihon Kohden.
Guilford, Conn.-based resuscitation equipment manufacturer Defibtech, LLC announced Nov. 13 that it has signed an agreement to be acquired by Nihon Kohden Corporation, a Tokyo-based medical device company. Defibtech will continue to operate independently as a wholly owned subsidiary of Delaware-based Resuscitation Solution Inc., a U.S. subsidiary of Nihon Kohden, said Gintaras Vaisnys, Defibtech's president, who said the acquisition "is a great opportunity for Defibtech and Nihon Kohden to complement their strengths."
Defibtech's announcement said it and Nihon Kohden have placed more than 360,000 AEDs throughout the world and expect that number to grow significantly.
"Defibtech will not only continue expanding its AED product lineup, but also plans to develop and market other resuscitation solutions," said Defibtech CEO Dr. Glenn W. Laub. "Over the past decade, having deployed more than 160,000 AEDs worldwide, we are a steadily growing force in the resuscitation market. We want to continue that growth. Our new resuscitation solutions will have the same high level of value and quality."