Philips 2007 Annual Report Download - page 49

Philips Annual Report 2007 55
Medical Systems
VMI-Sistemas Medicos
In professional healthcare, Philips acquired Brazil’s leading
general X-ray manufacturer, VMI-Sistemas Medicos.
XIMIS
Philips also acquired US-based healthcare IT company
XIMIS, which focuses on systems to help reduce errors
and streamline workow in hospital radiology wards.
Emergin
Philips acquired Emergin, the leading US provider of
software utilized to rapidly transmit medical alarm signals
throughout hospitals. Through this acquisition, Philips will
expand the use of information technology in healthcare
– and specically in its patient monitoring business – to
improve patient outcomes and help hospitals work more
efciently.
VISICU
In December 2007, Philips announced a merger
agreement with clinical IT and service provider VISICU.
Based in Baltimore, USA, VISICU makes clinical IT
systems that enable critical-care medical staff to actively
monitor patients in hospital intensive care units (ICUs)
from remote locations. VISICU’s patented clinical IT
system, called the eICU program, provides real-time 24/7
patient monitoring in ICUs by centrally networking
critical-care physicians and nurses to ICU beds using
voice and video. Equipped with articial intelligence
algorithms, the system also offers advanced clinical
support. The merger will boost the creation of products
to give more clinical decision support to hospital staff,
while allowing them to monitor greater numbers of
critically ill patients.
Consumer Electronics
Digital Lifestyle Outtters
In the fast-growing, high-margin area of electronics
peripherals and accessories, Philips acquired US-based
Digital Lifestyle Outtters, which designs, markets and
distributes accessories for mobile audio-visual devices
such as MP3 and video players. Through this deal, Philips
has bolstered its position as a leading player in peripherals
and accessories for the mobility domain, further
strengthening its contacts with key international retailers.
Lighting
Color Kinetics
In the professional lighting sector, Philips acquired Color
Kinetics (EUR 515 million), based in Boston, USA. Color
Kinetics is a leader in the design and marketing of
innovative light-emitting diode (LED) lighting systems.
TIR Systems
We also completed the acquisition of Vancouver, Canada-
based TIR Systems, a leading company in LED technology
for modules that generate high-quality white light.
The acquisitions of Color Kinetics and TIR Systems will
give Philips a leading position in the entire LED lighting
value chain, bolstering its strong LED intellectual property
portfolio and further adding to this fast-growing new
segment. Philips is increasingly beneting from its leadership
position in the shift to energy-efcient lighting solutions,
both in the professional and consumer domains.
Partners in Lighting International
In the consumer lighting sector, Philips completed its
acquisition of Partners in Lighting International (PLI)
(EUR 561 million), the leading European manufacturer of
home luminaires. PLI develops, manufactures and markets
a wide portfolio of more than 10,000 distinct home
lighting luminaire products, currently mainly for the
98 Risk management 112 Our leadership 116 Report of the Supervisory Board 126 Financial Statements