◂ Announcements

May 22, 2017ACQUISITIONUnited States

Philips to acquire Respirtech

Koninklijke Philips NV has signed an agreement to acquire Respiratory Technologies, Inc. (Respirtech), a US-based company, to expand its sleep and respiratory care business. Financial details were not disclosed.

Status

Announced

Productssleep and respiratory care products

CompaniesKoninklijke Philips NV acquirer Respiratory Technologies, Inc. target

Sectors#Medical Devices

“Financial details of transaction will not be disclosed.”reuters.com

1 source
reuters.comPhilips acquires US-based RespirtechMay 22, 2017

Summarized from public sources; check the original articles before acting on it.

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