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PHG Koninklijke Philips NV

26.81
0.25 (0.94%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Koninklijke Philips NV NYSE:PHG NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.25 0.94% 26.81 27.05 26.7125 27.03 1,661,672 01:00:00

Philips Buys TomTec Imaging for Undisclosed Sum

18/07/2017 7:56am

Dow Jones News


Koninklijke Philips NV (NYSE:PHG)
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Royal Philips NV (PHIA.AE) is acquiring TomTec Imaging Systems GmbH, a provider of intelligent image analysis software, especially for diagnostic ultrasound for an undisclosed sum.

The Dutch health-technology company said Tuesday that it has signed an agreement to buy TomTec to help Philips' leadership position in cardiac ultrasound, and support the company's further expansion in other clinical areas, such as obstetrics and gynecology.

Completion of the transaction is expected later Tuesday.

 

-Write to Razak Musah Baba at razak.baba@wsj.com; Twitter: @Raztweet

 

(END) Dow Jones Newswires

July 18, 2017 02:41 ET (06:41 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.

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