Fuji invests $5 million in TeraRecon

Three-dimensional-software developer TeraRecon has received a $4.95 million investment from Fuji Film Co., the Tokyo-based parent of CR and PACS firm Fujifilm Medical Systems.

The investment gives Fuji a 1.9% stake in TeraRecon, which is based in San Mateo, CA. Under the terms of the deal, TeraRecon will apply its technology in image and signal-processing processors and software to Fuji's new product development efforts.

TeraRecon said Fuji made the investment after evaluating its technology for 3D image processing and the high-speed processing of large imaging datasets produced by modern modality scanners.

By AuntMinnie.com staff writers
June 10, 2004

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