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Koninklijke Philips acquires healthcare solutions provider

Koninklijke Philips NV said it acquired cloud-based population health management solutions provider VitalHealth Software B.V.

Financial details of the transaction were not disclosed.

The acquisition complements Royal Philips' current offering in population health management and supports the company's commitment to deliver integrated solutions for care providers and patients, Royal Philips Chief Business Leader of the Connected Care and Health Informatics Businesses Carla Kriwet said.

VitalHealth's products and services are used by more than 100 healthcare networks in various countries including the U.S., India, China, Sweden, Germany, Belgium and the Netherlands.