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Announced

Philips to acquire Cardiologs.

Synopsis

Philips, an electronics company, agreed to acquire Cardiologs, a France-based medical technology company. Financial terms were not disclosed. "Offering superb clinical insights, as well as automated clinical reporting, Cardiologs’ medical-grade AI technology and data scientists will be a strong addition to our growing portfolio of cardiac solutions for hospital and ambulatory settings," Roy Jakobs, Royal Philips Chief Business Leader Connected Care.

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