Baby Trend Inc
Founded in Fontana, California, this baby product company offers everything from car seats to highchairs to diaper pails. It kept growing over the years, especially once it was purchased by a Chinese company called Alpha Group. “We are excited to offer safe, educational, and entertaining solutions to infants and their caregivers around the world,” Alpha Group Vice-President Wang Jing said. “Acquiring Baby Trend will allow us to bring our innovative technology and outstanding intellectual properties into a whole new category while showcasing our existing expertise in the baby and infant market globally.”
University of Texas MD Anderson Cancer Center
In 2012, a lot of people felt puzzled when they learned that a Beijing-based company called Concord Medical services purchased a fifth of the University of Texas M.D. Anderson Cancer Center Proton Therapy Center. Even though it did not really affect the ownership stakes of the university, it boosted the profile of the Chinese company. “Proton treatment has become a widely accepted method of radiation therapy,” explained Dr. Jianyu Yang. He is the medical chairman and CEO of Concord Medical. “Concord Medical plans to build and operate two proton centers in China. This transaction will enable us to gain valuable experience and knowledge of the operations of a proton therapy center from the world leader in proton therapy cancer care.”