Emergency Care Holdings Completes Acquisition of Philips Emergency Care Business
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 14 2026
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Emergency Care Holdings announced the completion of its acquisition of the Philips Emergency Care business from Koninklijke Philips (PHG). The business will operate as Heartstream and continue to market select products under a Philips brand license. The acquisition represents the launch of ECH's global platform strategy focused on building a leading portfolio of emergency medical technology companies serving the pre-hospital care market. Headquartered in Bothell, Washington, the business operates in more than 130 countries, supported by about 480 distribution partners, and maintains an installed base exceeding three million automated external defibrillators and advanced life support devices worldwide. It employs more than 600 people globally and is widely recognized for its strong brand equity, clinical credibility and long-standing customer relationships.
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About PHG
Koninklijke Philips NV is a Netherlands-based health technology company. The Company's segments include Personal Health businesses, Diagnosis & Treatment businesses, Connected Care businesses and Other. The Personal Health businesses segment is engaged in the health continuum, delivering integrated, connected solutions that support healthier lifestyles and those living with chronic disease as well as oral healthcare and mother and child care support. The Diagnosis & Treatment businesses segment delivers precision medicine and treatment, and therapy. The Connected Care businesses segment provides consumers, care givers and clinicians with digital solutions that facilitate care by enabling precision medicine and population health management. The Other segment comprises such items, as innovation, emerging businesses, royalties, among others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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