Philips acquires Israeli PACS supplier CDP Medical
2 August 2010
Philips has agreed to acquire the business of CDP Medical Ltd,
an Israel-based provider of picture archiving and communication systems
(PACS), and a subsidiary of medical device distributor Medtechnica Ltd
“This is an important step on our journey to complete our range
of clinical informatics and patient care solutions that simplify
clinician workflow, improve financial outcomes for our customer and
help improve and save lives,” said Steve Rusckowski, CEO for Philips
Healthcare. “The acquisition of the CDP business complements our
current iSite PACS offering and allows us to better tap into certain
high-growth market segments, geographically.”
PACS enable medical images to be stored electronically and viewed
on doctor and clinician workstations in and outside hospitals,
creating more efficient workflow and improved clinical results.
CDP Medical, founded in 2000, is headquartered in Petah Tikva and
has 20 employees and close to 300 hospital and clinic installations
globally, with growth in the last year particularly coming from the
Latin America region.
Following the closing of the deal, expected in the coming months
pending governmental approval, the business will become part of
Philips Healthcare’s Patient Care and Clinical Informatics business.
It follows the recent acquisition of healthcare information system
provider Tecso Informatica in Brazil.