Philips Medical Systems (PHG: 17.07 0.00 0.00%, vol: 1,700, 52wk: 15.63 - 44.40) announced today that it has acquired Shenzhen Goldway Industrial Inc. for an undisclosed price.
The purchase gives Philips a foothold into the Chinese Patient Monitoring Business.
Shenzhen Goldway is China’s second largest domestic patient monitoring company.
Philips Press Release 

If you enjoy our post, feel free to subscribes to our rss feeds