Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Philips completes the acquisition of BioTelemetry, Inc.
Royal PhilipsFebruary 9, 2021 GMT February 9, 2021
Combination of Philips and BioTelemetry results in a global leader in patient care management solutions for the hospital and the home
Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced that it has completed the acquisition of BioTelemetry, Inc. (NASDAQ: BEAT), a leading U.S.-based provider of remote cardiac diagnostics and monitoring. BioTelemetry’s financial results will be consolidated as part of Philips’ Connected Care business segment as of February 9, 2021.
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Philips successfully completes tender offer for BioTelemetry, Inc.
Royal PhilipsFebruary 9, 2021 GMT February 9, 2021
Amsterdam, the Netherlands – Royal Philips (NYSE: PHG; AEX: PHIA), a global leader in health technology, today announced that it has successfully completed its previously announced tender offer (the “Offer”) to purchase all outstanding shares of BioTelemetry, Inc. (NASDAQ: BEAT), a leading U.S.-based provider of remote cardiac diagnostics and monitoring for USD 72.00 per share in cash. At 12:00 midnight, New York time, on February 9, 2021 (one minute after 11:59 P.M., New York time, on February 8, 2021), the Offer expired as scheduled and was not extended. Philips expects to complete the acquisition of BioTelemetry later today through a merger under Section 251(h) of the General Corporation Law of the State of Delaware.
Royal Philips: Philips completes the acquisition of BioTelemetry, Inc. February 9, 2021
Combination of Philips and BioTelemetry results in a global leader in patient care management solutions for the hospital and the home
Amsterdam, the Netherlands -
The
acquisitionof BioTelemetry is a strong fit with Philips cardiac care portfolio, and its strategy to transform the delivery of care along the health continuum with integrated solutions. Philips patient care management solutions for the hospital include real-time patient monitoring, therapeutic devices, telehealth and informatics. Moreover, Philips has an advanced and secure cloud-based Philips
HealthSuite digital platformoptimized for the delivery of health care across care settings.
GERAL :: Philips signs multiyear strategic partnership agreement for connected care solutions with 28-hospital Dutch SAZ group – Medialab estadao.com.br - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from estadao.com.br Daily Mail and Mail on Sunday newspapers.
Philips signs multiyear strategic partnership agreement for connected care solutions with 28-hospital Dutch SAZ group
February 4, 2021
Hospitals will have access to Philips’ latest technologies and informatics solutions to enhance the monitoring and management of patients
Different SAZ hospitals will start with Philips solutions for patient monitoring and self-management and learn from each other’s experiences
Amsterdam, the Netherlands –
Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, and the Dutch SAZ (Association of Collaborating General Hospitals) group of 28 hospitals have signed a strategic partnership agreement for a minimum of 5 years in the field of connected care. The partnership will encompass the monitoring, observation and self-management of patients throughout the entire care journey, both inside and outside the hospitals, supported by Philips advanced patient monitoring and population health management solutions.