AMSTERDAM, The Netherlands & BOCA RATON, Fla.--(BUSINESS WIRE)--Royal Philips Electronics (NYSE:PHG, AEX:PHI) today announced it will acquire US-based Emergin, Inc. The terms of the deal were not disclosed. Emergin is the leading US provider of software utilized to rapidly transmit medical alarm signals throughout hospitals. The transaction is expected to close in the fourth quarter of 2007, upon which Emergin will become part of the Patient Monitoring business unit within Philips’ Healthcare sector. Through this acquisition, Philips will expand the use of information technology in healthcare – and specifically in its patient monitoring business – to improve patient outcomes and help hospitals work more efficiently.
