Royal Philips Acquires Blue Willow Systems

LimeWire Acquires BlueWillow

September 20, 2023

AI & Machine Learning

LimeWire has acquired AI image-generation platform BlueWillow, bringing BlueWillow's proprietary text-to-image and image-to-image models and a community of over 2.3 million users into LimeWire's creator-focused product suite. The deal will integrate BlueWillow's generative-AI capabilities into LimeWire AI Studio to expand creator tools, enable ownership and monetization of generated content, and accelerate LimeWire's move into generative AI-enabled creator services.

Royal Philips Acquires Capsule Technologies from Francisco Partners for $635M

January 19, 2021

Medical Devices

Royal Philips agreed to acquire Capsule Technologies, a portfolio company of Francisco Partners, for $635 million in cash. The deal will fold Capsule — a developer of medical device integration, patient monitoring, and clinical surveillance software used by hospitals worldwide — into Philips' Connected Care segment; Capsule has roughly 300 employees and serves more than 2,800 hospitals in 40 countries.

Blue Sea Capital Acquires WillowWood Global from DW Healthcare Partners

December 6, 2021

Medical Devices

Blue Sea Capital has completed an acquisition of WillowWood Global LLC, a long-established designer and manufacturer of prosthetic products, from DW Healthcare Partners. The investment positions WillowWood for accelerated growth — with management retaining meaningful ownership — and signals Blue Sea's intent to support organic growth and pursue acquisition-driven expansion in the prosthetics market.

Aspire Systems Acquires Bluewave Technology Group

February 26, 2025

IT Services

Aspire Systems, a global technology services firm, has acquired Bluewave Technology Group, an Ireland- and UK-based Salesforce Platinum Partner. The acquisition strengthens Aspire's Salesforce practice and expands its delivery capabilities across Europe, particularly in financial services, public sector and non-profit markets.

CloudWave Acquires BlueOrange Compliance

June 17, 2025

Cybersecurity

CloudWave has acquired BlueOrange Compliance, a Columbus-based provider of information privacy, security, and healthcare regulatory compliance services. The acquisition expands CloudWave's healthcare cybersecurity and compliance capabilities by combining BlueOrange's compliance advisory, audits, and risk-management services with CloudWave's managed security, cloud infrastructure, and threat-detection offerings.

Royal Philips to Acquire BioTelemetry, Inc. for $2.8B

December 18, 2020

Healthcare Services

Royal Philips has agreed to acquire BioTelemetry, Inc. in a cash tender offer of USD 72.00 per share, implying an enterprise value of approximately USD 2.8 billion. The deal combines Philips' hospital patient-monitoring capabilities with BioTelemetry's remote cardiac diagnostics and monitoring services (which serve over 1 million patients annually and had 2019 sales of about USD 439 million) to expand Philips' patient care management offerings across hospital and home settings.