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Advantech Acquires Medical Display Company Kostec

Blaze Display Technology Co., Ltd. | Updated: Jan 16, 2017

Advantech (Taipei,Taiwan), which provides computing systems for the medical market, has announced that it has acquired a 60% stake in Kostec (Gangwon-do,South Korea), a medical display company.

Advantech offers comprehensive system integration, hardware, software, customer-centric design services, embedded systems, automation products, with its solutions finding a wide range of applications in diverse industries. Its digital healthcare portfolio includes medical grade PoE information terminals, medical computers for the operating room, mobile medical carts, and telemedicine solutions. Kostec offers medical grade LCD monitors and industrial LCD monitors with specialized capabilities in diagnostic, surgical, X-ray modality, clinical review, medical information consulting systems and ultrasound monitors.

Advantech expects Kostec’s medical display expertise and business exposure in South Korea, Southeast Asia, and the North American markets, combined with its own global brand and sales, marketing, and services network in Europe, Greater China, the Middle East, and Australia, to further aid its growth in the smart medical field. In addition to extending global cooperation in medical displays, Kostec will also adopt and sell Advantech’s digital healthcare products in the South Korean market.

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