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Philips buys Marconi Medical Systems for $1.1bn

Executive Summary

In a $1.1bn cash transaction, diagnostic imaging and services company Philips Medical Systems has acquired diagnostic imaging firm Marconi Medical Systems. Philips expects that the combined business will bring in $4.25bn (Euro5bn) in annual sales.
Deal Industry
  • Medical Devices
    • Diagnostic Imaging Equipment & Supplies
      • MRI, NMR
      • Pacs (Picture Archive & Communications Systems)
      • Ultrasound
      • X-ray
Deal Status
  • Final
Deal Type
  • Acquisition
    • Payment Includes Cash
    • Full Acquisition

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