OSI Systems, Inc. is a diversified global developer, manufacturer, and seller of specialized electronic systems and components for critical applications. The company operates through three main divisions: Security, Healthcare, and Optoelectronics and Manufacturing. Headquartered in Hawthorne, California, USA, OSI Systems serves a wide range of industries including homeland security, healthcare, defense, and aerospace.
History
OSI Systems was founded in 1987 by Dr. Deepak Chopra. Initially, the company focused on optoelectronic devices. Over the years, it expanded significantly through strategic acquisitions and organic growth, diversifying its portfolio to include security inspection systems and healthcare solutions. The company became publicly traded on the NASDAQ stock exchange under the ticker symbol OSIS.Divisions and Products
OSI Systems operates primarily through three distinct business segments:Security Division
This division, primarily operating under the Rapiscan Systems brand, is a leading provider of security inspection solutions. Its products are used globally in airports, customs facilities, border crossings, critical infrastructure, and mailrooms. Key product categories include:- Baggage and Parcel Inspection Systems: X-ray scanning systems for detecting threats in checked and carry-on luggage.
- Cargo and Vehicle Inspection Systems: Large-scale X-ray and gamma-ray systems for inspecting trucks, containers, and vehicles.
- Trace Detection Systems: Devices for detecting explosives and narcotics on people or objects.
- Metal Detectors: Walk-through and handheld metal detectors for screening individuals.
- Explosive Detection Systems (EDS): Automated systems for detecting explosives in checked luggage at airports.
- S2 Global: A subsidiary that provides integrated security solutions, project management, and turnkey security installations, often combining Rapiscan products with other technologies and services.
Healthcare Division
Operating under the Spacelabs Healthcare brand, this division designs, manufactures, and markets medical devices and services to hospitals and clinics worldwide. Its product offerings include:- Patient Monitoring Systems: Devices for continuously monitoring vital signs, cardiac activity, and other physiological parameters.
- Diagnostic Cardiology Products: Including electrocardiographs (ECG/EKG) and ambulatory blood pressure monitoring (ABPM) systems.
- Anesthesia Delivery and Ventilation Systems: Equipment used in operating rooms and intensive care units.
- Healthcare Information Technology Solutions: Software and connectivity solutions for managing patient data and integrating medical devices.
Optoelectronics and Manufacturing Division
This division comprises OSI Optoelectronics and OSI Electronics.- OSI Optoelectronics: Specializes in the design and manufacture of custom and standard optoelectronic devices, including silicon photodiodes, optical sensors, and optical subassemblies, used in a variety of industrial, medical, and scientific applications.
- OSI Electronics: Provides electronic manufacturing services (EMS), offering custom design, prototyping, and full-scale production of electronic assemblies and systems for original equipment manufacturers (OEMs) across various industries.