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Philips acquires NightBalance for sleep apnea device · Endata

◂ Announcements

May 8, 2018ACQUISITIONNetherlands

Philips acquires NightBalance for sleep apnea device

Royal Philips acquired NightBalance, a Dutch digital health scale-up that developed the Sleep Position Trainer for positional obstructive sleep apnea. Financial details were not disclosed.

Value

$293.0M (250.0M EUR)

Status

Completed

ProductsSleep Position Trainer

CompaniesRoyal Philips acquirer NightBalance target EPD Solutions target

Sectors#Medical Devices

“NightBalance offers a unique, patient friendly solution to treat positional obstructive sleep apnea and positional snoring that is highly complementary to our current offerings.”philips.com

3 sources
philips.comPhilips expands its Sleep & Respiratory Care portfolio with the acquisition of NightBalance - News | PhilipsMay 8, 2018
philips.comPhilips to acquire EPD Solutions - News | PhilipsJun 5, 2018
thujacapital.comThuja Capital exits NightBalance to PhilipsGuest UserMar 8, 2019

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

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