Philips takes for an amount of approximately $ 1 billion in the American company Volcano. Volcano is a Us manufacturer of medical equipment. The company will be included in the gezondheidsdivisie of Philips.
Volcano makes medical devices used in vascular surgery. So the company makes measuring and imaging equipment that, via a catheter in the body can be brought. By means of ultrasound images can be obtained. This allows surgeons with greater precision operations to perform and less has to be cut. This reduces the chance of complications.
Philips explains to 1.2 billion dollars, about 1 billion euro, down for the American company. Volcano employs about 1,800 people and the company has an annual turnover of $ 400 million, or 320 million euros.
Volcano is included in the gezondheidsdivisie of Philips and is part of a new business unit that focuses on equipment that is used during operations. The gezondheidsdivisie is now the most important part of the Philips group of companies. The turnover of the division amounted to 9.5 billion euros, accounting for 40 percent of total sales.