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Minute Insight: Philips Continues Building Monitoring Business By Acquiring Cardiologs

 
• By Reed Miller

Paris-based Cardiologs is developing machine learning software to analyze electrocardiogram waveforms to detect arrhythmias.

Minute Insight

Philips’ acquisition of Cardiologs Technologies is part of the continuing consolidation of the remote cardiac monitoring and analysis market.

Paris-based Cardiologs was founded in 2014 to develop software that uses machine learning and cloud-storage technology to screen electrocardiogram (ECG) data for evidence of arrhythmias. So far, Cardiologs’ ECG system has processed more than 20 million ECG recordings. The Cardiologs system earned a CE mark in 2016 and was approved by the US Food and Drug Administration in 2017

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