Royal Philips Acquires Blue Willow Systems

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.

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.

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.

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.

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.

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.