Royal Philips, Amsterdam, the Netherlands, has signed an agreement to acquire TomTec Imaging Systems GmbH, Munich, Germany, a provider of intelligent image analysis software, especially for diagnostic ultrasound. TOMTEC’s products and services support clinicians to increase efficiency and diagnostic quality through automated and reproducible measurements. The acquisition aims to strengthen Philips’ leadership position in cardiac ultrasound, and support the company’s further expansion in other clinical areas, such as obstetrics and gynecology (OB/GYN).
Financial details were not disclosed.
Philips’ ultrasound solutions include real-time 3D imaging of the heart, quantification tools driven by Anatomical Intelligence, and ultra-mobile, portable ultrasound solutions. The company’s ultrasound portfolio supports the effective and efficient delivery of care across a broad range of clinical specialties including radiology, cardiology, point-of-care and OB/GYN.
TOMTEC offers multimodality and vendor-neutral diagnostic and analysis applications in cardiology, radiology and OB/GYN. The company’s software is used by more than 20,000 physicians and 600 health facilities worldwide to treat their patients daily.
“We are committed to providing ultrasound solutions that combine superb image quality with advanced analytics to drive efficiency and reproducibility, while reducing costs for our customers,’’ says Vitor Rocha, business leader of the ultrasound business group at Philips. “The acquisition of TOMTEC brings a strong team and new assets that are strategically valuable to Philips and will enable us to accelerate growth in our cardiac ultrasound and OB/GYN portfolios.”
Founded in 1990, TOMTEC has a global presence with offices in the United States, Europe, and Asia. Upon completion of the transaction, the business and its over 100 employees will be part of the Philips’ Ultrasound Business Group.
In addition to the commercialization of Philips-branded products for clinical automation, workflow improvement and enhanced diagnostic quality, the TOMTEC business will continue its vendor-neutral product line and integrate these medical software applications into third party systems to support clinical needs and routine workflow.
