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Sony buys Illinois-based medical technology firm

Wed, 02/10/2010 - 11:01am
The Associated Press

Sony Corp. has purchased a medical technology company based on the University of Illinois' campus in Champaign.

Sony didn't say in its news release how much it paid for iCyt Mission Technology Inc.

iCyt makes equipment for flow cytometry, a technique used to count microscopic particles such as blood cells. iCyt employs 44 people in its office at the University of Illinois Research Park.

The companies say they've been working together to develop new devices since April.

Sony joins a handful of other Fortune 500 companies in the university's Research Park. They include Yahoo, Caterpillar and Deere & Co.

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