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Electronics Production | December 15, 2005

Philips acquires Stentor

Philips has agreed to acquire the US based medical images business Stentor for $280 million in cash.
This move is a part of the Dutch electronics company's strategy to bolster its presence in the healthcare sector.

According to Philips the medical IT systems business is a growing market worth €20bn ($24bn) a year.
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December 12 2018 10:05 pm V11.10.12-1