04 Oct 2020

Royal PHILIPS TO ACQUIRE INTACT VASCULAR

PHILIPS TO ACQUIRE INTACT VASCULAR   Royal Philips has signed an agreement to acquire Intact Vascular Inc., a U.S.-based developer of medical devices for minimally invasive peripheral vascular procedures for $275 million upfront deferred payments when the transaction is completed. Intact Vascular will enhance Philips’ image-guided therapy portfolio, combining Philips’

0
26 Jun 2019

ROYAL PHILIPS SELLS U.S. HEALTHCARE headquarters

    Amsterdam-based Royal Philips sold its Andover, Mass.-based healthcare headquarters to Atlantic Management Corp. May 4 in a deal worth $36 million. Royal Philips has been transferring its 1,900 employees to facilities in Cambridge, Massachusetts, and Nashville, Tennessee, since January. Atlantic Management, which paid $36 million for the facility,

0