Philips

Philips

Markets | Science and Technology
Philips CEO Frans van Houten has said that the company's acquisition of Volcano is likely to boost the company's research and development, as well as accelerating revenue growth

Philips to acquire US healthcare firm Volcano for $1.2bn

Philips has announced it is buying American medical device manufacturer Volcano in a $1.2bn deal, as it seeks to further bolster its healthcare division
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