Philips acquires India-based Meditronics

Fifth consecutive acquisition of Philips Healthcare in emerging markets
since mid-2007 and the second acquisition in India within the last three months.

Philips, GE, Siemens eye Larson and Toubro medical division

International majors such as Philips, General Electric (GE) and Siemens are believed to be in the race for acquiring the medical equipment business of Larsen and Toubro (L&T).

Nuance buys Philips Speech Recognition Systems

Philips has sold its Philips Speech Recognition Systems (PSRS) to US-based Nuance Communications for

NEWS REVIEW – WORLD

[This article was published in the September 2008 issue of the eHEALTH Magazine (https://www.ehealthonline.org)]

World News

Philips launches new handheld ultrasound system

Royal Philips Electronics announced the launch of its advanced handheld ultrasound system, the Philips CX50 CompactXtreme. Designed to meet the needs of cardiologists for clear diagnostic data at the bedside, the new compact system combines the image quality expected of a traditional, premium, full-size system with the convenience of portability.

Face to face with the future

It is like an image from outer space. But this eerie picture is the way of the future where parents and their unborn baby are brought face to face.

New business models dot medical outsourcing

Indian hospitals are upping the ante on outsourcing. Instead of making heavy capital investments on expensive diagnostic equipment, costing INR 1.5 to INR 5 crore for MRI & CT scans, hospitals are opting for newer pay-per-use and outsourced models.

Philips provides speech-recognition to Oslo hospital

Philips has agreed a new deal to deploy SpeechMagic across the Ull University Hospital in Oslo, Norway

Philips’ latest offering: Fetal-Maternal Monitors

Royal Philips Electronics recently released its Avalon FM40 and FM50 fetal-maternal monitors. The Avalon FM40 and FM50 are the newest additions to the Avalon family of fetal-maternal products, which includes the Avalon Cordless Transducer System (CTS) and the Avalon FM20 and FM30 fetal-maternal monitors.

Philips, Artemis tie up for research in diagnostic devices trials

The firms plan on using advanced technologies to find cheaper ways to discover blockages in the heart, tumours

Philips set to acquire US medical systems firm Visicu

Baltimore-based Visicu Inc., which went public less than two years ago, has agreed to be acquired by the healthcare unit of Netherlands-based electronics giant Royal Philips Electronics. The price: $430 million.

Philips plans USD 5.1 billion acquisition of Respironics

Philips appears to have completed its planned USD 5.1 billion purchase of home medical equipment supplier Respironics. The acquisition – the fourth in recent weeks for the Dutch IT vendor – would be Philips’ largest acquisition ever, according to published reports.

‘Super’ scanner shows detail in animated 3D

A new scanner has been unveiled which can produce 3D body images of unprecedented clarity while reducing radiation by as much as 80%.