Ziosoft acquired by NantWorks

By AuntMinnie.com staff writers

October 26, 2011 -- Advanced visualization software developer Ziosoft has been purchased by technology incubator NantWorks and will change its name to Qi Imaging.

The company formerly known as Ziosoft will be wholly owned by NantWorks, a newly formed healthcare, educational, scientific, and communications technology company owned by entrepreneur Dr. Patrick Soon-Shiong. The firm's new name, Qi Imaging, refers to the "Quantitative Intelligent" image data that is generated from 5D imaging; it also refers to the Chinese term for life force, according to the company.

The name Ziosoft will be retained in Japan, however, where the firm has more than 2,000 Ziostation systems installed. Rob Royea will serve as president and chief operating officer of Qi Imaging, and Ziosoft founder Kazuhiko Matsumoto will remain as a partial owner and significant member of the team, according to the company.

Copyright © 2011 AuntMinnie.com

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