Shots:

• Philips to acquire Capsule technologies for $635M in cash. The transaction is expected to be completed in H1’21 with the addition of ~300 employees of Capsule in Philips’ Connected Care segment
• The acquisition will expand Philips’ patient care management offering. The acquisition complements Philips’ strategy to transform the delivery of healthcare along the health continuum with integrated solutions
• Capsule’s medical device information platform comprised of device integration- vital signs monitoring- and clinical surveillance services- connecting almost all existing medical devices and EMRs in hospitals through a vendor-neutral system

 ­ Ref: Philips | Image: Capsule Technologies