# 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.

- Type: Acquisition
- Announced: 2018-05-08
- Where: Netherlands
- Value: $293.0M (250.0M EUR)
- Status: completed
- Products: Sleep Position Trainer
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Royal Philips](https://endata.com/companies/25215.md) (acquirer)
- [NightBalance](https://endata.com/companies/31766.md) (target)
- [EPD Solutions](https://endata.com/companies/32376.md) (target)

## Sources

- [philips.com](https://www.philips.com/a-w/about/news/archive/standard/news/press/2018/20180508-philips-expands-its-sleep-and-respiratory-care-portfolio-with-the-acquisition-of-nightbalance.html), 2018-05-08: "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](https://www.philips.com/a-w/about/news/archive/standard/news/press/2018/20180605-philips-to-expand-its-image-guided-therapy-portfolio-with-the-acquisition-of-epd-solutions.html), 2018-06-05: "EPD's breakthrough innovation provides detailed 3D anatomical information of the heart during cardiac arrhythmia ablation procedures that is unique in the industry."
- [thujacapital.com](https://www.thujacapital.com/news/2019/3/4/thuja-capital-exits-nightbalance-to-philips), 2019-03-08: "Philips has agreed to acquire all outstanding shares of NightBalance, a digital health scale-up company that has developed an innovative, easy to use device to treat positional obstructive sleep apnea and positional snoring."

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