{"id":612,"date":"2025-02-06T15:56:30","date_gmt":"2025-02-06T21:56:30","guid":{"rendered":"https:\/\/www.medsource-sw.com\/blog\/?p=612"},"modified":"2025-02-06T15:56:32","modified_gmt":"2025-02-06T21:56:32","slug":"philips-to-sell-emergency-care-business-to-bridgefield-capital","status":"publish","type":"post","link":"http:\/\/www.medsource-sw.com\/blog\/2025\/02\/06\/philips-to-sell-emergency-care-business-to-bridgefield-capital\/","title":{"rendered":"Philips to Sell Emergency Care Business to Bridgefield Capital"},"content":{"rendered":"\n<figure class=\"wp-block-image size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"981\" height=\"551\" src=\"https:\/\/www.medsource-sw.com\/blog\/wp-content\/uploads\/2025\/02\/image.png\" alt=\"\" class=\"wp-image-613\" style=\"width:652px;height:auto\" srcset=\"http:\/\/www.medsource-sw.com\/blog\/wp-content\/uploads\/2025\/02\/image.png 981w, http:\/\/www.medsource-sw.com\/blog\/wp-content\/uploads\/2025\/02\/image-300x169.png 300w, http:\/\/www.medsource-sw.com\/blog\/wp-content\/uploads\/2025\/02\/image-768x431.png 768w\" sizes=\"auto, (max-width: 981px) 100vw, 981px\" \/><\/figure>\n\n\n\n<p>Royal Philips, the global health technology leader, has announced its decision to sell its Emergency Care business to Bridgefield Capital, a US-based investment firm. This move aligns with Philips&#8217; strategy to focus resources on areas that promise the greatest growth and financial impact.<\/p>\n\n\n\n<p>The Emergency Care business, part of Philips\u2019 Connected Care segment, provides critical products for acute care management both inside and outside of hospitals. This includes life-saving devices such as automated external defibrillators (AEDs) and other emergency care equipment for both professionals and consumers.<\/p>\n\n\n\n<p>As part of the deal, Philips will enter into a 15-year exclusive brand license agreement, allowing Bridgefield Capital to manufacture, sell, and market Emergency Care products globally under the Philips brand.<\/p>\n\n\n\n<p>This transaction is expected to close in the second half of 2025, pending regulatory approval and other conditions. Financial terms of the deal have not been disclosed.<\/p>\n\n\n\n<p>This move comes after Philips outlined its renewed strategy in January 2023, focusing on high-growth areas in health technology. The company aims to allocate resources more efficiently to maximize its impact across key business segments.<\/p>\n\n\n\n<p>Philips continues to innovate in health technology, providing advanced solutions for both consumers and healthcare professionals worldwide. The company\u2019s portfolio includes diagnostic imaging, ultrasound, monitoring systems, and more, with a focus on improving health and well-being.<\/p>\n\n\n\n<p>For more updates, visit <a href=\"http:\/\/www.philips.com\/newscenter\">Philips News Center<\/a>.<\/p>\n\n\n\n<p>If you have any questions or need assistance, feel free to reach out to us at MedSource Southwest. We\u2019re here to support you every step of the way!<\/p>\n\n\n\n<p>Stay tuned for more updates and resources to help you.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Royal Philips, the global health technology leader, has announced its decision to sell its Emergency Care business to Bridgefield Capital, a US-based investment firm. This move aligns with Philips&#8217; strategy to focus resources on areas that promise the greatest growth and financial impact. The Emergency Care business, part of Philips\u2019 Connected Care segment, provides critical [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[89,88],"class_list":["post-612","post","type-post","status-publish","format-standard","hentry","category-aeds-defibrillators","tag-bridgefield-capital","tag-philips"],"_links":{"self":[{"href":"http:\/\/www.medsource-sw.com\/blog\/wp-json\/wp\/v2\/posts\/612","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.medsource-sw.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.medsource-sw.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.medsource-sw.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/www.medsource-sw.com\/blog\/wp-json\/wp\/v2\/comments?post=612"}],"version-history":[{"count":1,"href":"http:\/\/www.medsource-sw.com\/blog\/wp-json\/wp\/v2\/posts\/612\/revisions"}],"predecessor-version":[{"id":614,"href":"http:\/\/www.medsource-sw.com\/blog\/wp-json\/wp\/v2\/posts\/612\/revisions\/614"}],"wp:attachment":[{"href":"http:\/\/www.medsource-sw.com\/blog\/wp-json\/wp\/v2\/media?parent=612"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.medsource-sw.com\/blog\/wp-json\/wp\/v2\/categories?post=612"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.medsource-sw.com\/blog\/wp-json\/wp\/v2\/tags?post=612"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}