Philips to buy Florida firm
Article tools E-mail this article Print-friendly version Discuss this article All bizjournals.com news Royal Philips Electronics said Tuesday it will acquire Emergin Inc. for an undisclosed amount. Andover, Mass.-based Philips (NYSE: PHG) said Emergin of Boca Raton, Fla., is a provider of software used to rapidly transmit medical alarm signals throughout hospitals. The transaction is expected to close in the fourth quarter of 2007.
Emergin will become part of the patient monitoring business unit within Philips healthcare sector, the company said in a statement.