Philips Acquires Intact Vascular

Stryker Acquires Amplitude Vascular Systems (AVS) to Add Next-Generation IVL Technology

May 19, 2026

Medical Devices

Stryker completed its acquisition of Amplitude Vascular Systems, a privately held medical device company developing a next-generation intravascular lithotripsy (IVL) platform for calcified peripheral arterial disease (PAD). The deal was announced April 13, 2026 and closed May 7, 2026; financial terms were not disclosed in the MedDeviceGuide account, though other sources cite a value of up to $835 million.

Philips Agrees to Acquire SpectraWAVE to Expand AI-Enabled Coronary Imaging and Physiology Portfolio

December 15, 2025

Medical Devices

Philips has agreed to acquire SpectraWAVE, a Bedford, Massachusetts-based developer of AI-enabled vascular imaging and coronary physiology assessment tools. The deal is intended to strengthen Philips’ image-guided therapy business by adding SpectraWAVE’s HyperVue Imaging System and X1-FFR software for intravascular imaging and angio-derived fractional flow reserve assessment.

Royal Philips Acquires Vesper Medical from Gilde Healthcare

December 14, 2021

Medical Devices

Royal Philips has signed an agreement to acquire Vesper Medical Inc., a US-based maker of minimally-invasive peripheral venous stent devices and a portfolio company of Gilde Healthcare. The acquisition will add Vesper's DUO Venous Stent System to Philips' image-guided therapy and peripheral vascular portfolio; the deal is expected to close in Q1 2022 and includes roughly 20 Vesper employees joining Philips.

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.

ICU Medical Acquires Pursuit Vascular

November 4, 2019

Medical Devices

ICU Medical, Inc. agreed to acquire Pursuit Vascular, Inc. for $75 million plus a potential earnout, bringing the ClearGuard HD antimicrobial catheter cap into ICU Medical’s consumables portfolio. The acquisition expands ICU Medical’s infection-prevention product offerings and distribution channels (domestic and international); Pursuit Vascular’s 2019 revenue was an estimated $10–12 million.

Philips Acquires Analytical Informatics, Inc.

November 24, 2017

Healthcare Services

Royal Philips has acquired US-based startup Analytical Informatics, Inc. to integrate the company's vendor-agnostic radiology workflow and analytics tools into Philips' PerformanceBridge radiology portfolio. The acquisition is intended to accelerate Philips' roadmap for Radiology Solutions by expanding operational intelligence, workflow optimization and data-driven decision support for imaging departments and enterprise customers; financial terms were not disclosed.