News tagged with philips

Philips to buy US medical imaging firm Volcano

Royal Philips NV said Wednesday it has agreed to acquire U.S. medical equipment maker Volcano Corp. for $1.2 billion (around 1 billion euros) in a deal that would beef up its presence in technology which allows doctors to ...

Dec 17, 2014
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Philips sues Nintendo over Wii remote

Dutch electronics firm Royal Philips NV has filed a suit against Nintendo in a U.S. court, claiming the Japanese company infringed two of its patents in the control system of its popular "Wii" video game consoles.

May 15, 2014
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Philips breaks off deal with Funai (Update)

Royal Philips NV said Friday it has ended a $200-million sale and licensing deal it struck this year with Japan's Funai Electric Co. and will seek damages for breach of contract.

Oct 25, 2013
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Philips loss shrinks in Q4; sheds division (Update)

Royal Philips Electronics NV Tuesday said it will sell the entertainment division which contains many of the consumer products for which it is best known, such as audio and video equipment, to Funai Electric ...

Jan 29, 2013
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Philips Q3 earnings rise, growth economies help

Royal Philips Electronics NV, the maker of electric shavers, light bulbs and medical imaging equipment, saw earnings more than double in the third quarter, thanks to modest growth at all its business lines ...

Oct 22, 2012
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