In their first full year of operation, the two units counterbalanced each other, with the 3 percent hike in CATD net sales offsetting the 2 percent slide in IESD revenues.
IESD sales and operating profit, which fell 6 percent to $2.1 billion, ultimately were stonewalled by flat implantable cardiac defibrillator revenues ($1.7 billion) and a 6.2 percent decrease in pacemaker systems proceeds.
"We think administrators are paying more attention to the benefits of tablets and mobile technology in the classroom," say Daylene Long, co-founder of STEM Market Impact, and Ellen Bialo, CEO and president of IESD
, in an email to DA.
* Last summer, the company realigned its product divisions into two new operating units: the Implantable Electronic Systems Division (IESD
) and the Cardiovascular and Ablation Technologies Division (CATD).
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It is currently behind the University of Chesters Intelligent Energy System Demonstrator (IESD
) project as well as Boole Technology Centre at the Lincoln Science & Innovation Park and is expanding the BioCity complex in Nottingham.
The University of Chester is using the company's expertise in the university sector to create the building to house the IESD, whichwill be a flagship innovation project of the Cheshire Science Corridor - the new Enterprise Zone announced by the Government last autumn and developed by Cheshire and Warrington Local Enterprise Partnership.
The team behind the IESD project at Thornton Science Park is keen to hear from energy-related businesses who would be interested in being part of the facility, which will be aiming to aid the development of cost effective and environmentally responsible sources of energy.
Willmott Dixon has been appointed to refurbish a building that will house a multi-million pound Intelligent Energy System Demonstrator (IESD
) project at University of Chester's Thornton Science Park.