Philips to acquire Spectranetics for $1.9 billion

Royal Philips has agreed to acquire The Spectranetics Corporation for $38.50 per share in cash, implying an enterprise value of approximately €1.9 billion. The acquisition will expand Philips' image-guided therapy business.

“Philips to acquire The Spectranetics Corporation to accelerate expansion in image-guided therapy devices to treat cardiac and peripheral vascular disease”philips.com

• 2 sources
• philips.comPhilips to acquire The Spectranetics Corporation to accelerate expansion in image-guided therapy devices to treat cardiac and peripheral vascular disease - News center | PhilipsJun 28, 2017
• gazette.comDutch company to acquire Colorado Springs-based Spectranetics - Colorado Springs GazetteWayne HeilmanJun 29, 2017

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