Philips to buy medical device integrator Capsule Technologies for $635M
Jan 20, 2021 4:25pm By routing all the data generated by various devices through a single, vendor-neutral digital system, Philips hopes to employ Capsule’s tech alongside its current portfolio to help streamline care workflows. (Philips) Philips has moved to acquire Capsule Technologies—a provider of data platforms that aim to connect all of the medical devices and record systems within a hospital—to help build out its integrated care and vital sign monitoring solutions. The $635 million cash deal is expected to be completed by the end of March, with Capsule’s 300 employees sl...