Canon Inc. Acquires Redlen Technologies

September 9, 2021

Canon Inc. agreed to acquire Redlen Technologies Inc., making the British Columbia–based developer of Cadmium Zinc Telluride (CZT) semiconductor detector modules a wholly owned subsidiary. Canon said the acquisition will accelerate development and mass production of next-generation photon-counting CT systems and expand Canon’s medical component business by supplying CZT detector modules to medical equipment manufacturers worldwide.

Buyers
Canon Inc.
Targets
Redlen Technologies Inc.
Industry
Medical Devices
Location
British Columbia, Canada
Transaction Type
Buyout

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