Spacelabs Healthcare

Spacelabs Healthcare
Subsidiary of OSI Systems, Inc. (NASDAQ.com)
Industry Medical Device Manufacturer
Founded California (1958)
Headquarters Snoqualmie, Washington
Key people
Sujit Kumar (President)
Deepak Chopra (CEO)
Alan Edrick
(CFO)
Products Patient monitoring, diagnostic cardiology products, anesthesia delivery products, IT Solutions
Number of employees
1,043 (2013)
Website www.spacelabshealthcare.com

Spacelabs Healthcare is an American manufacturer of medical equipment and is a wholly owned subsidiary of OSI Systems (NASDAQ/OSIS) of Hawthorne, California and offers products and services from three divisions: patient monitoring and connectivity, anesthesia delivery and diagnostic cardiology. The company headquarters are in Snoqualmie, Washington State and it employs over one thousand people around the world.

History

Spacelabs was founded in 1958 by two scientists to develop cardiac monitoring and telemetry systems for NASA to monitor astronauts' vital signs in the early space missions. They developed wireless vital signs monitoring for both Gemini and Apollo astronauts (see external link 1 below).

The company went on to develop sophisticated medical monitoring systems with some significant ‘firsts’ resulting in them becoming one of the top US manufacturers in the 1980s.

Spacelabs has had several owners. These include Squibb through Westmark, Instrumentarium Corporation and indirectly GE Medical during the GE acquisition of Instrumentarium and currently OSI Systems.[1]

Subsequently the company has made several acquisitions to expand its portfolio adding diagnostic cardiology and anesthesia products thus forming 'Spacelabs Healthcare' in 2005.

Key dates

References

Spacelabs Healthcare, is a wholly owned subsidiary of OSI Systems (NASDAQ: OSIS) of Hawthorne, California, which manufactures and distributes medical equipment.

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