Philips Buys CardioProlific Inc for Undisclosed Sum

Royal Philips NV (PHIA.AE) said Thursday it is acquiring CardioProlific Inc., a U.S.-based, privately-held company for an undisclosed sum.

The Dutch health-technology company said CardioProlific's technologies are complementary to the company's portfolio of image-guided therapy devices.

-Write to Razak Musah Baba at razak.baba@wsj.com; Twitter: @Raztweet

(END) Dow Jones Newswires

June 29, 2017 04:28 ET (08:28 GMT)