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Business

Ricoh enters medical field with purchase of Yokogawa Electric business

TOKYO -- Ricoh will gain a path to the medical sector with the acquisition of a Yokogawa Electric business centered on equipment for measuring brain activity.

     By offering improved versions of Yokogawa's magnetoencephalography (MEG) systems and developing new, proprietary products including medical-use IT systems and cameras, Ricoh hopes to develop the medical field into a business with sales of 50 billion yen ($437 million) by 2025.

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