Philips acquires BioTelemetry for $2.5 billion
… Philips Expands Its Remote Patient Care Monitoring Business WIth BioTelemetry Acquisition …

$2.5 BILLION: ROYAL PHILIPS NV ACQUIRING BIOTELEMETRY

Philips expedites business strategy to advance in remote patient monitoring

BioTelemetry is a renowned innovator in remote patient monitoring and medical device manufacturing

  • Blood glucose monitoring
  • Cardiac monitoring
  • Centralized medical imaging
  • Cloud computing and artificial intelligence (AI) driven patient medical data analytics and reporting
  • Original equipment manufacturing (OEM) for healthcare and research organizations

The strategy behind the Philips and BioTelemetry deal

Philips is a global medical equipment and technology leader

  • Diagnostic imaging
  • Healthcare informatics
  • Image-guided therapy
  • Patient monitoring
  • Radiology
  • Respiratory
  • Telehealth
  • Automotive
  • Cloud-based voice technology
  • Commercial and household lighting
  • Consumer and professional dental care products
  • Engineering and technical product development services

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