Samsung Venture Investment May Invest in U.S. Medical Device Company
Bloomberg News reported on the 27th, citing multiple anonymous sources, that Samsung Venture Investment may participate in an investment in Exo Imaging, a U.S.-based medical software and device company.
According to the sources, Exo, headquartered in Santa Clara, California, is expected to raise approximately $100 million through the current funding round, and Samsung is also likely to participate.
The sources also stated that Exo is in discussions with Samsung Medison, Samsung Electronics' medical device subsidiary, regarding potential collaboration. They noted that since negotiations are still ongoing, specific details may change.
Hot Picks Today
"Three times Lee Jaeyong's fortune?"... Meet China's richest man, who amassed 134 trillion won at 43.
- Truth Emerges After Half a Century... DNA Links Executed Serial Killer to 52-Year-Old Murder
- "If You See It, Avoid It"... 'Superfood' Fruit Kills 12-Day-Old Baby
- "Even with 9 Billion Won, I Can't Quit My Job"... The Unexpected Concerns of a Major-Company Employee in His 40s After an 'Investment Windfall'
- "I Made an Extra 6 Million Won a Month"... "This Can Actually Make Money?" The Twist Behind a Few Pieces of Junk
Samsung declined to comment when contacted by Bloomberg News.
© The Asia Business Daily. All rights reserved. Unauthorized AI training and use prohibited.