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Philips Completes M&A Hat Trick With Neurodiagnostic Buy

 
• By Tina Tan

In its third acquisition this year so far, Philips is buying neurodiagnostic firm Electrical Geodesics.

Philips has inked a deal to acquire Electrical Geodesics, Inc. (EGI), a US firm specializing in noninvasive technology for monitoring and interpreting brain activity.

The deal marks Philips' third acquisition so far this year. In March, the Dutch group acquired Australia Pharmacy Sleep Services, a sleep testing services provider, and last month, it acquired...

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