Philips closes ATL acquisition
Philips parent Royal Philips Electronics of the Netherlands announced this month that the company has closed its acquisition of ATL Ultrasound of Bothell, WA. Philips acquired 94% of ATL shares Sept. 29, and the acquisition was completed Oct. 2 when ATL
Philips parent Royal Philips Electronics of the Netherlands announced this month that the company has closed its acquisition of ATL Ultrasound of Bothell, WA. Philips acquired 94% of ATL shares Sept. 29, and the acquisition was completed Oct. 2 when ATL merged with Philips Acquisition, and the remaining ATL shares were converted into the right for ATL to receive $50.50 per share in cash. The deal is estimated at roughly $800 million. ATL will become an affiliate of Philips Medical Systems.
BrightHeart Garners Third FDA Clearance for AI-Powered Assessments of Fetal Heart Ultrasound
May 14th 2025The latest FDA 510(k) clearance is for B-Right Views, an AI-enabled device, which provides automated detection of required views necessary for second- and third-trimester fetal heart ultrasound exams.
