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.