# Profound Medical closes $6M acquisition of Philips Sonalleve MR-HIFU business

Profound Medical closed its $6 million acquisition of Royal Philips' Sonalleve MR-HIFU business, which features real-time MR imaging and high intensity focused ultrasound for tissue ablation.

- Type: Acquisition
- Announced: 2017-08-01
- Where: Canada
- Value: $6.00M
- Status: completed
- Products: Sonalleve MR-HIFU platform
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Royal Philips](https://endata.com/companies/25215.md) (target)
- [Profound Medical](https://endata.com/companies/25501.md) (acquirer)

## Sources

- [massdevice.com](https://www.massdevice.com/profound-medical-closes-6m-philips-sonalleve-mr-hifu-biz-buy/), 2017-08-01: "Profound Medical said today it closed its $6 million acquisition of Royal Philips Sonalleve MR-HIFU business."

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