Philips
Dutch electronics conglomerate
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| 2024 | Became a sponsor for La Liga football team FC Barcelona. |
| 2024 | Charlotte Hanneman begins her term as Philips CFO, continuing to present |
| September 17 2024 | Philips announced the introduction of the 160cm FDA-approved LumiGuide endovascular navigation wire, marking the 1000th patient treated with its 3D device guidance technology. |
| January 2024 | Philips agreed to halt sales of new sleep apnea devices in the US as part of an FDA agreement, with CEO Roy Jakobs indicating the manufacturing plant compliance process could take five to seven years. |
| 2023 | Philips ranked 7th globally in the WIPO's annual World Intellectual Property Indicators with 294 industrial design registrations published under the Hague System. |
| 2023 | Philips announced plans to cut 6,000 jobs worldwide over two years, in addition to a previous 4,000-person staff reduction, after reporting €1.6 billion in losses during the 2022 financial year. |
| September 2023 | Philips settled the class-action lawsuit for at least $479 million regarding the sleep device safety issues. |
| August 2023 | Exor N.V., the Agnelli family's holding company, took a 15% stake in Philips in a transaction worth approximately €2.6 billion. |
| 2022 | Frans Van Houten stepped down as CEO after 12 years, replaced by Roy Jakobs on 15 October 2022, following a key product recall that cut the company's market value by more than half. |
| 2022 | DK-Technologies open-sourced the PT5300, PT5210, and PT5230 pattern generators. |
| October 2022 | Dozens of lawsuits against Philips related to sleep device safety concerns were consolidated into a single class-action lawsuit. |
| 2021 | Philips Domestic Appliances was purchased by Hillhouse Capital for $4.4 billion, becoming Versuni while continuing to sell Philips-branded small appliances. |
| 2021 | TVRI, the Indonesian national TV broadcaster, switched to a 24/7 schedule, ending its use of the Philips circle pattern |
| November 9 2021 | Philips announces the acquisition of Cardiologs, an AI-powered cardiac diagnostic technology developer, to expand its cardiac diagnostics and monitoring portfolio. |
| June 2021 | Philips voluntarily recalled several Respironics ventilators, BiPAP, and CPAP machines due to potential health risks from foam degradation, affecting approximately 3-4 million devices. |
| January 19 2021 | Philips announces the acquisition of Capsule Technologies, Inc., a provider of medical device integration and data technologies for hospitals and healthcare organizations. |
| 2020 | Philips introduced mobile ICUs to support clinicians during the COVID-19 pandemic, addressing the rising demand for ICU beds. |
| December 18 2020 | Philips and BioTelemetry, Inc. announce a definitive merger agreement for remote cardiac diagnostics and monitoring. |
| August 2020 | The United States House of Representatives launched a congressional investigation into the Philips ventilator acquisition, finding evidence of potential fraud, waste, and abuse in the contract negotiation. |
| August 27 2020 | Philips announces the acquisition of Intact Vascular, Inc., a US-based developer of medical devices for minimally invasive peripheral vascular procedures. |
| April 2020 | The US Department of Health & Human Services contracted Philips Respironics to produce 43,000 Trilogy Evo Universal ventilators, with a commitment to deliver 156,000 by the end of August and 187,000 by the end of the year. |
| March 2020 | In response to international COVID-19 demand, Philips increased ventilator production fourfold within five months, adding production lines in Western Pennsylvania and California with employees working around the clock. |
| March 2020 | ProPublica published a series of articles investigating the Philips ventilator contract negotiated by trade adviser Peter Navarro. |
| January 2020 | Philips announced its intention to sell the domestic appliances division, which includes product lines such as coffee machines, air purifiers, and air fryers. |
| August 1 2019 | Philips acquired the Carestream HCIS division from Onex Corporation, which included Algotec Systems LTD in Raanana, Israel. Algotec was renamed to Philips Algotec and became part of Philips HCIS. |
| July 18 2019 | Philips expands its patient management solutions in the US by acquiring Medumo, a Boston-based start-up company. |
| March 7 2019 | Philips announces the acquisition of the Healthcare Information Systems business of Carestream Health Inc., a US-based provider of medical imaging and healthcare IT solutions. |
| 2018 | Ended naming rights for Philips Arena in Atlanta. |
| 2018 | The independent Philips Lighting N.V. was renamed Signify N.V., continuing to produce Philips-branded products like Philips Hue LED light bulbs. |
| 2018 | The PT5300 pattern generator was discontinued. |
| September 19 2018 | Philips acquires Blue Willow Systems, a Canada-based developer of a cloud-based senior living community resident safety platform. |
| 2017 | Philips sells an 80.1 percent stake in Lumileds to Apollo Global Management. |
| 2017 | Philips launched Philips Ventures, a health technology venture fund, and invested in companies like Mytonomy. |
| July 18 2017 | Philips announced its acquisition of TomTec Imaging Systems GmbH. |
| June 2017 | Philips announced the acquisition of US-based Spectranetics Corp for €1.9 billion to expand its image-guided therapy business. |
| June 2016 | Philips spun off its lighting division to focus on the healthcare division. |
| 2015 | Ron Wirahadiraksa's term as CFO ends and Abhijit Bhattacharya becomes CFO, serving until 2024 |
| February 2015 | Philips acquired Volcano Corporation to strengthen its position in non-invasive surgery and imaging. |
| 2014 | Philips was ranked 12th among India's most-trusted brands according to the Brand Trust Report. |
| 2014 | TV3 in Malaysia adopted a 24/7 schedule, ending its use of the Philips circle pattern |
| September 23 2014 | Philips announced a plan to split the company into two, separating the lighting business from healthcare and consumer lifestyle divisions. |
| April 28 2014 | Philips agreed to sell Woox Innovations subsidiary to Gibson Brands for $135 million. |
| 2013 | Philips removed 'Electronics' from its name, becoming Royal Philips N.V. |
| December 31 2013 | Philips had 111 manufacturing facilities, 59 R&D facilities across 26 countries, and sales and service operations in around 100 countries. |
| November 13 2013 | Philips unveiled its new brand line 'Innovation and You' and a new design of its shield mark. |
| April 2013 | Philips announced a collaboration with Paradox Engineering for a network-connected street-lighting management pilot project, endorsed by the San Francisco Public Utilities Commission. |
| January 29 2013 | Philips announced the sale of its audio and video operations to Funai Electric for €150 million, though the agreement was later terminated. |
| 2012 | In Greenpeace's Guide to Greener Electronics, Philips ranks 10th out of 16 companies with a score of 3.8/10, emerging as the top scorer in the Energy section by advocating for a 30% reduction in EU greenhouse gas emissions by 2020. |
| 2012 | A manufacturing facility was started in Chakan, Pune. |
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