Philips acquires London-based parenting app developer

Royal Philips acquired Health & Parenting, a London-based healthcare and family mobile app developer.

Health & Parenting creates apps to guide expectant and new parents through pregnancy and parenthood. Philips will integrate Health & Parenting's apps into the company's uGrow digital parenting platform, which provides users with personalized feedback based on data from connected Philips' devices, like baby monitors and thermometers.

Financial details of the transaction were not disclosed.

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