Philips Buys U.S. Startup Analytical Informatics
November 24 2017 - 2:48AM
Dow Jones News
By Maryam Cockar
Koninklijke Philips NV (PHIA.AE) said Friday that it has bought
U.S. startup Analytical Informatics Inc. for an undisclosed sum to
expand its radiology business.
Philips, an Amsterdam-listed healthcare, electronics and
lighting technology company, said that Analytical Informatics'
products, which include advanced workflow tools and applications,
will strengthen its imaging department.
Analytical Informatics was founded in 2011 at the University of
Maryland to license technology developed from the university's
medicine department.
Write to Maryam Cockar at maryam.cockar@dowjones.com
(END) Dow Jones Newswires
November 24, 2017 02:33 ET (07:33 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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