# Digirad closes $8M sale of medical device sales and services business to Philips

Digirad Corp. closed the sale of its medical device sales and service business and associated contracts to Royal Philips for $8 million. The divested business provides post-warranty maintenance for large diagnostic imaging equipment in the upper mid-west US.

- Type: Acquisition
- Announced: 2018-02-05
- Where: Upper mid-west region of the US, United States
- Value: $8.00M
- Status: completed
- Products: diagnostic imaging equipment maintenance services
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Digirad](https://endata.com/companies/25380.md)
- [Royal Philips](https://endata.com/companies/25215.md) (acquirer)

## Sources

- [massdevice.com](https://www.massdevice.com/massdevice-article-archive/page/1761/), 2018-02-05: "Digirad Corp. said today it closed the sale of its medical device sales and service business and associated contracts to Royal Philips for $8 million."

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