Bittium Corporation acquires the ownership in Mega Electronics Ltd and Megakoto Ltd. See the official stock exchange & press release.
Bittium Technologies Ltd, a subsidiary of Bittium Corporation has acquired the ownership in Mega Electronics Ltd, specialized in healthcare technology, by purchasing 100 per cent of the shares in Mega Electronics Ltd on November 10, 2016.
With this acquisition Bittium will get the ownership of Faros product family, focused on heart remote monitoring, NeurOne product focusing on measuring the electrical activity of brain, and BrainStatus, a disposable quick analysis headband used in emergency and intensive primary care to diagnose for example epileptic seizures and brain stroke, and other healthcare technology products. Faros devices are EU medical device directive class CE class IIa and USA FDA 510 (k) registered medical devices. MegaKoto Ltd is a private provider of healthcare services approved by the Finnish National Supervisory Authority for Welfare and Health having more than 70 health centers and private clinics using its heart monitoring Kardiolog.fi service.