Royal Philips has entered into an agreement to acquire French medical technology firm Cardiologs with the aim of expanding its cardiac monitoring and diagnostics portfolio.
The financial details of the deal were not disclosed by the company.
Founded in 2014, Cardiologs focuses on developing solutions using artificial intelligence (AI) and Cloud technology to help clinicians manage patients with cardiac arrhythmia disorders.
The company’s offerings include a vendor-neutral heart disorder screener and electrocardiogram (ECG) analysis applications.
