Share
This morning Royal Philips announced its plans to acquire med tech Capsule Technologies for a whopping $635 million from Francisco Partners.
Capsule is best known for its suite of connected medical devices and its data integration platform that can combine device integration, vital signs monitoring and clinical surveillance services. The tool was designed to link up medical devices and EHRs via a vendor neutral system.
Over the years the company has also landed several FDA clearances. For example, the Capsule Vitals Plus, which records medical device data and continuous vital signs monitoring. It then analyzes the information at the patient s bedside.