Philips Emergency Care Business Acquired by Emergency Care Holdings, Launching Global Emergency Care Platform

Emergency Care Holdings has acquired Philips Emergency Care business, launching a global emergency care platform. The acquisition represents the launch of ECH's global platform strategy, focusing on building a leading portfolio of emergency medical technology companies serving the pre-hospital care market. The business will operate as Heartstream and continue to market select products under a Philips brand license. ECH expects to target acquisitions across adjacent product categories within the broader market segments of pre-hospital and unscheduled care.