Philips Healthcare is persisting with its aggressive M&A strategy, having notched up its seventh acquisition in as many months by picking up German clinical applications and imaging software firm TomTec Imaging Systems Inc. (TOMTEC) for an undisclosed sum.
The Munich-based company provides specialist image analysis software for diagnostic ultrasound and clinical analysis applications in cardiology, radiology and obstetrics and gynecology (OB/GYN). Philips said the addition of TomTec will...