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The deal includes a licensing agreement that allows the sold business to use the Philips brand for up to 15 years.
The partnership is set to enhance survival rates and quality of life by integrating imaging technologies into cardiac care.
Philips is parting ways with its worldwide emergency care business, including its catalog of automated external ...
Investment firm Bridgefield Capital will buy the segment, which includes cardiac resuscitation and emergency care devices, ...
Philips’ Shez Partovi said a lot of the company's focus is working to determine how AI can be used to give time back to clinicians.
Bridgefield Capital to acquire Royal Philips' emergency care business, expanding its presence in the $26 billion market. Transaction expected to close in 2025.
Read here for an analysis of Koninklijke Philips' performance and 2025 outlook, highlighting challenges and revised sales ...
AI-Powered Imaging Technologies: he new MRI system utilizes BlueSeal magnet technology, which significantly reduces the need ...
Philips has agreed to sell its emergency care business to Washington D.C.-based investment firm Bridgefield Capital, the companies announced on Tuesday. They did not disclose the terms of the deal ...