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Analogic history
Analogic company history timeline
In 1975 an Analogic research team, led by founder Gordon, invented the first instant imaging Computed Tomography (CT, or popularly known as CAT-Scan) scanning equipment, for an OEM customer.
In its 1992 annual report, Analogic announced its changing approach, in which the company became a provider of complete systems as well as complex subsystems.
A subsidiary, Camtronics Ltd., was formed in 1992 by three Analogic employees to design and manufacture digital video medical imaging systems and networks.
In 1992 Analogic also acquired all of the stock of SKY Computers, Inc.
As of January 1, 1993, Analogic acquired a 57 percent interest in a new company, B&K Medical A/S (later renamed B&K Ultrasound Systems A/S), a Danish corporation that concentrated on the design and manufacture of ultrasound imaging devices used in sonographic techniques and urology.
In 1994, Analogic had received Park Meditech stock in exchange for cancelling a debt owed by another company.
However, this joint venture had not proven profitable as of 1997.
By 1997, Analogic could list among its largest customers Philips Electronics (17.1 percent of sales); General Electric (8.4 percent) and Siemens AG (7.8 percent). Its ten largest customers in 1997 accounted for about 57 percent of its product, service, engineering, and licensing revenue.
At the end of 1997, Analogic was forced to write off $1.7 million of its investment as a loss.
Instead of performing traditional radical surgery in which the prostate gland was removed, physicians using the Leopard 2001 could implant tiny radioactive seeds in the tumor and hopefully destroy it.
In 2007, Tufts Gordon Institute was awarded the National Academy of Engineering Prize in Innovation in Engineering and Technology Education.
The company opened a manufacturing facility in Shanghai, China, in December 2009.
In a conference call with investors, president and CEO Jim Green called 2009 “the most challenging year in the company’s history,” before saying that the company was “well positioned for growth” in the coming year.
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Analogic competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Varian Medical Systems | 1948 | $3.2B | 10,000 | 2 |
| Intuitive Surgical | 1995 | $8.4B | 5,527 | 287 |
| ResMed | 1989 | $4.7B | 8,000 | 143 |
| Boston Scientific | 1979 | $16.7B | 36,000 | 888 |
| NuVasive | 1997 | $1.2B | 2,800 | - |
| Lam Research | 1980 | $14.9B | 14,100 | 105 |
| Danaher | 1969 | $23.9B | 80,000 | 1,652 |
| Beckman Coulter | 1935 | $3.7B | 12,000 | 3 |
| Ardent Technologies | - | $1.6M | 30 | - |
| Corning Incorporated | 1851 | $13.1B | 51,500 | 699 |
Analogic history FAQs
Zippia gives an in-depth look into the details of Analogic, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Analogic. The employee data is based on information from people who have self-reported their past or current employments at Analogic. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Analogic. The data presented on this page does not represent the view of Analogic and its employees or that of Zippia.
Analogic may also be known as or be related to ANALOGIC CORP, Analogic, Analogic Corp. and Analogic Corporation.