Samsung Medicine, the medical devices division of Samsung Electronics that specializes in developing diagnostic imaging equipment, on Wednesday acquired Sonio, a Paris-based startup that develops AI-powered software for ultrasound workflows, for approximately $92.7 million. announced plans to acquire the company for 126 billion won). ).
The French startup's AI assistant aims to help obstetricians and gynecologists evaluate and document ultrasound exams, and has received U.S. regulatory clearance (FDA 510) for Sonio Detect, a product that uses deep learning algorithms. (k)) is also obtained. Improve the image quality of real-time ultrasound scans.
Samsung Medicine said Sonio's software will help bring better AI-driven image processing workflows to market. Samsung Electronics, which owns 68.45% of the medical equipment division, acquired Medison in 2011 for $22 million.
Samsung said in a statement that Sonio will remain an independent company and continue to grow commercially and offer products and services in France.
Co-founded in 2020 by Cecile Brossett (CEO) and Remi Besson (CSO), Sonio recently secured $14 million in Series A led by Cross Border Impact Ventures in August 2023. The company reportedly raised a total of $27.2 million. Tracxn and its investors include Elaia, Bpifrance French Tech Seed, OneRagtime, and several angel investors.
said Yong Kwan Kim, CEO of Samsung Medison. “Through the acquisition of Sonio, Samsung Medison continues to deliver on its promise to improve people's quality of life with technology.” “Our collaboration with Sonio brings together best-in-class ultrasound AI technology and reporting capabilities to It brings a paradigm shift to ultrasound testing.”
“The combination of Samsung Medicine's established global ultrasound business and Sonio's advanced AI creates exciting growth opportunities for both parties,” said Sonio CEO Brossett. “In Samsung Medison, we have found a great and trusted partner to pursue and accelerate our roadmap and mission. In addition to working closely with Samsung Medison, Sonio is an independent company As a company, we continue to advance medical reporting technology and diagnostic software around the world, including in underserved areas of health care.”