tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Emergency Care Holdings acquires Philips Emergency Care business

Emergency Care Holdings announced the completion of its acquisition of the Philips Emergency Care business from Koninklijke Philips (PHG). The business will operate as Heartstream and continue to market select products under a Philips brand license. The acquisition represents the launch of ECH’s global platform strategy focused on building a leading portfolio of emergency medical technology companies serving the pre-hospital care market. Headquartered in Bothell, Washington, the business operates in more than 130 countries, supported by about 480 distribution partners, and maintains an installed base exceeding three million automated external defibrillators and advanced life support devices worldwide. It employs more than 600 people globally and is widely recognized for its strong brand equity, clinical credibility and long-standing customer relationships.

Claim 70% Off TipRanks Premium

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1