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General

Bittium lowers targets, to focus more on healthcare market

Thursday 24 November 2016 | 11:59 CET | News
Bittium has updated its strategy and announced plans to target the healthcare sector more. The company's business will be divided into three product and service areas from 01 December: Defense & Security, Connectivity and Medical Technologies. Arto Pietila, who has worked as head of the Contract R&D business and Wireless Solutions, will head the new Medical Technologies division. The company said it also plans to invest more in R&D in 2017 and it will consider acquisition opportunities to strengthen its business. However, the company has had to abandon its target of at least 10 percent sales

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Categories: General
Companies: Bittium
Countries: World
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