# Selvas AI acquires medical device maker Mediana for ₩73.2 billion

Selvas AI acquired a 31.69% stake in Mediana for 73.2 billion won ($56.7 million), becoming the largest shareholder. The deal includes a share transfer from Mediana's chairman and a capital increase, with Selvas Healthcare also participating.

- Type: Acquisition
- Announced: 2023-11-20
- Where: South Korea
- Value: $56.7M (73.2B KRW)
- Status: announced
- Products: patient monitors, automated external defibrillators, medical consumables
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Mediana](https://endata.com/companies/52763.md) (target)
- [Selvas AI](https://endata.com/companies/73890.md) (acquirer)
- [Selvas Healthcare](https://endata.com/companies/73891.md) (acquirer)
- [Selvas Healthcare](https://endata.com/companies/73891.md) (investor)

## Sources

- [koreabiomed.com](https://www.koreabiomed.com/news/articleView.html?idxno=22566), 2023-11-20: "This agreement is based on the judgment that convergence with AI and SW technologies is essential for the core competitiveness of future medical devices."
- [medicalbuyer.co.in](https://medicalbuyer.co.in/selvas-ai-acquires-mediana-for-usd-56-7-million/), 2023-11-20: "This agreement is based on the judgment that convergence with AI and SW technologies is essential for the core competitiveness of future medical devices."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.