South Korea's Samsung did not disclose the value of the deal to buy the US-based Nexus division of ITC Nexus Holding Company (ITC). The purchase is seen "helping Samsung to position itself as a global leader in healthcare technology," Bang Yong-chu, vice president of Samsung Electronics' Health and Medical Equipment business team, said in a statement. Samsung announced last year its goal to invest 1.2 trillion won ($1.1 billion) through 2020 in healthcare equipment. In December it agreed to buy a majority stake in South Korean medical equipment maker Medison. Samsung, which has mainly focused on organic growth, has made no major acquisitions in its 41-year history. In 2008, the company dropped an unsolicited $5.9 billion offer for US flash memory card maker SanDisk Corp.