Canon to acquire Canadian chipmaker Redlen for $270m

Japanese company boosts efforts to develop reduced-radiation CT scanners

Redlen uses its own chips in equipment that directly converts radiation into electrical signals, technology that is crucial to Canon's ambitions in the CT scanner market. (Source photos by Reuters and screenshot from Redlen Technologies' website)

Nikkei staff writer

September 8, 2021 19:06 JST

Updated on September 8, 2021 20:15 JST

TOKYO -- Canon will acquire Canadian chipmaker Redlen Technologies for around 30 billion yen ($270 million), a move that will enable it to develop the chips that power a new generation of CT scanners as it shifts its focus away from cameras and office equipment.