Shearman & Sterling is advising Fujifilm Holdings Corporation (Fujifilm) in its acquisition of SonoSite, Inc. in a transaction valued at approximately $995 million.

Fujifilm Holdings Corporation is the holding company of the Fujifilm Group, having three operating companies such as Fujifilm Corporation, Fuji Xerox Co., Ltd. and Toyama Chemical Co., Ltd. under its umbrella. The Group’s priority business fields are: medical/life sciences such as medical equipment, pharmaceuticals, functional skin care cosmetics and nutritional supplements; graphic arts such as printing materials and equipment; documents such as office equipment/printing; optical devices such as camera phone lens units; highly functional materials such as LCD materials; and digital imaging such as digital cameras, digital printing, and Photobook.

SonoSite, Inc. is the innovator and world leader in bedside and point-of-care ultrasound and an industry leader in ultra high-frequency micro-ultrasound technology and impedance cardiography equipment. Headquartered near Seattle, the company is represented by 14 subsidiaries and a global distribution network in over 100 countries.

The Shearman & Sterling team included a Tokyo team led by partner Ken Lebrun (Tokyo-Mergers & Acquisitions) and including counsel Brian Wheeler (Tokyo-Mergers & Acquisitions) and associates Raleigh Morgan (Tokyo-Mergers & Acquisitions) and Joe Sasanuma (Tokyo-Capital Markets) and a New York team including partners Clare O’Brien (New York-Mergers & Acquisitions), John Cannon (New York-Executive Compensation & Employee Benefits) and Beau Buffier (New York-Antitrust).