Philips continues buying spree with cardiac IT company Tomcat Systems

27 March 2008

Royal Philips Electronics (NYSE:PHG, AEX:PHI) has announced it will acquire Northern Ireland-based Tomcat Systems Ltd. Tomcat is a privately held company producing cardiovascular information systems (CVIS). Terms were not disclosed.

Tomcat’s software addresses both the clinical and operational needs of a cardiovascular service line. It connects with different clinical information systems like cath lab workflow management systems, and picture archiving and communications systems (PACS). Tomcat is able to connect to Philips’ Xcelera and Philips Xper Information Management, and also with systems from other vendors.

Tomcat’s software also provides scheduling, staff and resource management, cost capturing, and the generation of reports and statistical information, thereby supporting the management of a cardiovascular service line.

Oran Muduroglu, General Manager of the Healthcare Informatics business group within Philips Healthcare, explained: “Tomcat’s solution is a great match with our current cardiology information systems, and as such already implemented as a total solution in various hospitals. Philips will now accelerate introduction of this integrated cardiology information solution in North America and in other selected markets.”

The acquisition adds to Philips growing list of recent takeovers, which include Respironics, completed earlier this month, Visicu, Emergin, Lifeline Systems, Health Watch and Raytel Cardiac Services.