Philips to buy US medical imaging firm Volcano

Wednesday, December 17, 2014 - 06:00 in Mathematics & Economics

Royal Philips NV said Wednesday it has agreed to acquire U.S. medical equipment maker Volcano Corp. for $1.2 billion (around 1 billion euros) in a deal that would beef up its presence in technology which allows doctors to see inside patients' hearts and veins during treatment.

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