# 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.

- Type: Acquisition
- Announced: 2017-05-22
- Where: United States
- Status: announced
- Products: sleep and respiratory care products
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Koninklijke Philips NV](https://endata.com/companies/24418.md) (acquirer)
- [Respiratory Technologies, Inc.](https://endata.com/companies/24419.md) (target)

## Sources

- [reuters.com](https://www.reuters.com/article/business/healthcare-pharmaceuticals/philips-acquires-us-based-respirtech-idUSFWN1IO005/), 2017-05-22: "Financial details of transaction will not be disclosed."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.