Detection Technology Plc [HEL: DETEC], a global provider of X-ray detector solutions and services for medical, security, and industrial applications, has acquired Shanghai Haobo Imaging Technology Co., Ltd. (“Haobo Imaging”), an X-ray flat panel detector provider.

Haobo Imaging, based in Shanghai, China, is an imaging technology company that designs and produces a-Si, IGZO and CMOS X-ray flat panel detectors, with solutions that comprise both hardware and software. Haobo Imagaing has robust product platforms and strong know-how in static and dynamic TFT flat panel detectors based on a-Si (Amorphous Silicon) and IGZO (Indium Gallium Zinc Oxide) technologies. With several patents in China, the company employs approximately 40 professionals and has an established customer base.

EC M&A acted as the exclusive financial advisor to Detection Technology.