Philips buys surgical firm Traxtal

AuntMinnie.com staff writers
May 3, 2009

Philips Healthcare has purchased surgical navigation technology provider Traxtal of Toronto.

The acquisition aims to strengthen Philips' position in minimally invasive therapy, according to the Andover, MA-based vendor. The companies have partnered since 2006 to provide integrated soft-tissue therapeutic and diagnostic navigation technology.

Financial terms of the deal were not disclosed. Traxtal, which was founded in 1996 and currently has 45 employees, will become part of Philips' ultrasound business.

Related Reading

Philips launches wireless DR detector, April 29, 2009

Philips begins Achieva TX installations, April 22, 2009

Philips installs XperSwing in Ottawa, April 17, 2009

Traxtal rolls out PercuNav cart, March 2, 2009

Road to RSNA, Advanced Visualization, Traxtal, November 6, 2008

Philips, Traxtal team up, May 14, 2007

Copyright © 2009 AuntMinnie.com

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