Philips: completes acquisition of Cardiologs
(CercleFinance.com) - Philips announced this morning that it has signed an agreement to acquire Cardiologs, a French-based medical technology company that is focused on transforming cardiac diagnostics using artificial intelligence (AI) and cloud technology.
Cardiologs will further strengthen Philips' cardiac monitoring and diagnostics offering with innovative software technology, analysis and electrocardiogram (ECG) reporting services. The financial terms of the deal were not disclosed.
Offering superb clinical insights, as well as automated clinical reporting, Cardiologs' medical-grade AI technology and data scientists will be an important addition to Philips' growing portfolio of cardiac solutions for hospitals and outpatient settings, it said.
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