Capsule’s medical device information platform integrates devices, vital signs monitoring and clinical surveillance services so that medical devices and EHRs in hospitals can share information through a single platform.
Through the acquisition, Philips plans to connect Capsule’s information platform with its cloud-based digital health platform so it can expand its patient care management and remote monitoring services.
Philips expects the transaction to close in the first quarter of 2021; under the deal, Capsule and its approximately 300 employees will become part of Philips’ connected care segment.
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