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Philips Adds Capsule Technologies To Connected Care Business

 
• By Reed Miller

Philips will pay $635m for the Massachusetts-based developer of a platform that connects medical devices and electronic medical records in hospitals.

Healthcare integrated thin line symbols
• Source: shutterstock.com

Philips is building on its leadership in the hospital monitoring and surveillance technology markets by adding Capsule Technologies.

Capsule currently serves over 2,800 hospitals and health care organizations in 40 countries with its Medical Device Information Platform, a “vendor-neutral” system for connecting existing medical devices and electronic medical records in hospitals to

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