Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers V > Headlines for Visicu, Inc. > News item |
Visicu acquired by Philips Holding USA for $427 million
By Lisa Kerner
Charlotte, N.C., Feb. 20 - Philips Holding USA Inc. completed its $427 million acquisition of Visicu, Inc., the companies announced on Wednesday.
The acquisition included payment to option holders under the companies' Dec. 18 merger agreement.
Visicu common stock will no longer be listed on the Nasdaq as of Feb. 20, a company news release stated.
Baltimore-based Visicu is a health care information technology and clinical solutions company.
Philips Holding is a subsidiary of Koninklijke Philips Electronics NV.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.