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Philips announced the sale of its Domestic Appliances business for EUR 3.7B, or EUR 3.0B after taxes, and a 15-year licensing revenue stream worth EUR 0.7B today. While the sale of Domestic Appliances will lead to lower near-term revenue, profits, and cash flow, the price was better t...
March 31, 2021 Cheshire and Merseyside consortium (NHS) is the first region to have achieved this milestone for the UK’s National COVID-19 Chest Imaging Database (NCCID) The deployment of a single SMART box server has provided access to 15 years of imaging data across...
March 30, 2021 Philips received a score of 90 out of 100, the highest that S&P Global Ratings has awarded to date Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced that its strategy to ...
Point Roberts, WA and Vancouver, BC - March 29, 2021 (Investorideas.com Newswire) Investorideas.com ( www.investorideas.com ), a global investor news source covering Artificial Intelligence (AI) brings you today's edition of The AI Eye - watching stock news, deal tracker and advance...
Royal Philips ([[PHG]] -0.8%) and Orbita to co-create next-generation conversational virtual assistants for Philips’ consumer health and patient support applications. Orbita is a U.S.-based company and an innovative provider of conversational artificial intelli...
March 29, 2021 Partnership to create AI-based virtual assistants with the human touch needed for effective remote patient engagement Amsterdam, the Netherlands and Boston, U.S. – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, and ...
Are These The Best Health Care Stocks To Buy Before April 2021? No matter the state of the world, the health care industry will likely continue to work towards improving our quality of life. With this being the case, it would make sense then that investors are turning to health ca...
Equal Opportunity magazine readers recognize Philips for its commitment to fostering a diverse and inclusive workforce Royal Philips (NYSE: PHG) (AEX: PHIA), a global leader in health technology, today announced that it ranked number 48 on Equal Opportunity m...
Royal Philips (PHG) +1.6% premarket, to sell its Domestic Appliances business to Hillhouse Capital at an enterprise value of ~€3.7B. Upon completion of the transaction in 3Q21, Philips expects to receive cash proceeds after tax and transaction-related costs of ~€3B.Con...
March 25, 2021 Transaction values Domestic Appliances at an enterprise value of approximately EUR 3.7 billion Philips expects to receive cash proceeds after tax and transaction-related costs of approximately EUR 3 billion in the third quarter Additional 15-year bra...
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Collaboration with leading material scientists focuses on the use of high-temperature superconductors to make MR imaging more affordable, accessible and sustainable in the future Operating at higher temperatures and eliminating the use of liquid helium during both production and operation...
November 28, 2022 Philips introduces next-generation Advanced Visualization Workspace, including new cardiac MR Suite with new workflow and user interface, new AI powered CT ASPECT Scoring, and enhanced CT Liver Analysis applications [1] New integrated diagnostic approach co...
November 28, 2022 New Ultrasound Compact System 5000 Series delivers premium image quality needed to aid in a confident diagnosis in a portable unit Compatibility with Philips ultrasound systems Affiniti and EPIQ transducers, user interface, workflow, and automation tools al...