Philips completed three acquisitions in 2015. For details on the acquisitions and divestments in 2014 and 2013, pls. see Annual Report 2015


On December 17, 2014, Philips and Volcano Corporation (Volcano) announced that they had entered into a definitive merger agreement. On February 17, 2015, Philips completed a tender offer to acquire all of the issued and outstanding shares of Volcano for USD 18.00 per share. For more details, pls. see Annual Report 2015

Previous years' acquisition info

Acquisitions 2011 / Announcement dates

January 5, 2011
Optimum Lighting, LLC
Professional Luminaires
Expand portfolio with customized energy-efficient lighting solutions
January 20, 2011
Domestic Appliances
Become a leading kitchen appliances company in India
March 9, 2011
Dameca A/S
Patient Care & Clinical Informatics
Expand portfolio with integrated, advanced anesthesia care solutions
June 20, 2011
AllParts Medical
Customer Services
Expand capabilities in imaging equipment services, strengthening Philips’ Multi-Vendor Services business
June 27, 2011
Sectra Mamea AB(2)
Imaging Systems
Expand Women’s Healthcare portfolio with a unique digital mammography solution in terms of radiation dose
June 29, 2011
Indal Group
Professional Luminaires
Strengthen leading position in professional lighting within Europe
July 11, 2011
Povos Electric Appliance (Shanghai)
Co., Ltd.(2)

Domestic Appliances
Expand product portfolio in China and continue to build business creation capabilities in growth geographies*
(1): Asset transaction
(2): Combined asset transaction / share transaction

Acquisitions 2010 / Announcement dates

February 11, 2010
Consumer Luminaires
Expand portfolio with customized energy-efficient lighting solutions
February 24, 2010
Home Healthcare
Somnolyzer 24x7 automated-scoring solution that can improve the productivity of sleep centers
March 26, 2010
Patient Care & Clinical Informatics
Strengthen clinical informatics portfolio with leading Brazilian provider of Radiology Information Systems (RIS)
July 13, 2010
Street Light Control Portfolio1
Lighting Electronics
Strengthen outdoor lighting portfolio with acquisition control portfolio. Street Lighting controls activities of Amplex A/S
July 28, 2010
Imaging Systems
Strengthen portfolio of high-quality transducers aimed at the value segment in emerging markets
August 2, 2010
CDP Medical(1)
Patient Care & Clinical Informatics
Expand clinical informatics portfolio in high-growth markets in the area of PACS
August 20, 2010
Professional Luminaire
Expand portfolio with leading provider of specialized lighting solutions for healthcare facilities
September 13, 2010
Wheb Sistemas
Patient Care & Clinical Informatics
Strengthen clinical informatics portfolio with a leading Brazilian provider of clinical information systems
October 11, 2010
Health & Wellness
Expand oral healthcare portfolio with leading manufacturer of professional tooth whitening products
December 6, 2010
Professional Luminaires
Expand global leadership position of professional lighting entertainment solutions
January 6, 2011
medSage Technologies(1)
Home Healthcare
Strengthen portfolio by becoming a leading provider of patient interaction and management applications
(1): Asset transaction