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Sep 20, 2010

HFN advises Philips in Asset Purchase

HFN advised Philips Medical Systems Technologies Ltd., a leader in the healthcare sector (and a wholly owned subsidiary of Koninklijke Philips Electronics N.V.) in the acquisition of the assets of C.D.P Medical Development Ltd. for a maximum consideration of EUR 12 Million.

C.D.P Medical Development Ltd is engaged in the business of the development, manufacturing, marketing, sales, and distribution of radiology picture archiving and communication systems

The matter was handled by partners Mark Phillips, Limor Hodir and Gal Rozent.

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