M&A Deal Summary

Canon Acquires Quality Electrodynamics

On October 31, 2019, Canon acquired technology hardware company Quality Electrodynamics

Acquisition Highlights
  • This is Canon’s 2nd transaction in the Technology Hardware sector.
  • This is Canon’s 2nd transaction in the United States.
  • This is Canon’s 1st transaction in Ohio.

M&A Deal Summary

Date 2019-10-31
Target Quality Electrodynamics
Sector Technology Hardware
Buyer(s) Canon
Deal Type Add-on Acquisition

Target

Quality Electrodynamics

Mayfield Village, Ohio, United States
Quality Electrodynamics LLC (QED) is a global developer, manufacturer, and supplier of advanced medical equipment electronics. Current products include cutting edge MRI radiofrequency (RF) antennas/coils for diagnostic imaging at the full range of magnetic field strengths. Most of these are FDA Class II noninvasive devices used for obtaining diagnostic images for various human anatomies.

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Buyer(S) 1

Buyer

Canon

Tokyo, Japan

Category Company
Founded 1933
Sector Technology Hardware
Employees111,733
Revenue 4.51T JPY (2024)
DESCRIPTION

Canon is a manufacturing company. The Office segment develops, manufactures and sells office complex machines and copiers, personal copiers, laser complex machines and printers, digital production printing systems, business high-speed continuous printers, wide format printers and document solutions. Canon was incorporated in 1933 and is based in Tokyo, Japan.


DEAL STATS #
Overall 3 of 4
Sector: Technology Hardware M&A 2 of 2
Type: Add-on Acquisition M&A Deals 3 of 4
State: Ohio M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-02-10 Axis

Lund, Sweden

Axis offers intelligent security solutions that enable a smarter, safer world. The company drives the industry by continually launching innovative network products based on an open platform - delivering high value to customers through a global partner network. It has long-term relationships with partners and provides them with knowledge and ground-breaking network products in existing and new markets. Axis was formed in 1984 and is based in Lund, Sweden.

Buy kr23.6B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-09 Redlen Technologies

Saanichton, British Columbia, Canada

Redlen Technologies is a developer and manufacturer of high-resolution Cadmium-Zinc-Telluride (CZT) semiconductor radiation detector products. CZT is a unique semiconductor compared with competitor detector materials, in that CZT operates at room temperature and can process extremely high photon counts. Additionally, CZT's spectroscopic resolution clearly outperforms any commercially available Scintillator. Redlen Technologies is based in Saanichton, British Columbia.

Buy -