Philips’s Competitors, Revenue, Number of Employees, Funding, Acquisitions & News

Philips is a Dutch multinational company that primarily designs and manufactures electronics, including lighting and healthcare systems. Read more

92,624 Followers on Owler
92,624 Followers on Owler
92,624 Followers on Owler
92,624 Followers on Owler

Philips is a Dutch multinational company that primarily designs and manufactures electronics, including lighting and healthcare systems. Read more

Frans van Houten's photo - Chairman & CEO of Philips

Chairman & CEO

Frans van Houten

CEO Approval Rating

72/100

Founded:

1891

Status:

PublicIndependent CompanyAustralian Securities ExchangePHIA

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GE has been one of Philips's top competitors. GE is a Public company that was founded in 1892 in Boston, Massachusetts. GE operates in the Electrical & Electronics goods industry. Compared to Philips, GE has 124,480 more employees.

3M is seen as one of Philips's biggest rivals. 3M is a Public company that was founded in Saint Paul, Minnesota in 1902. 3M is in the Logistics, Wholesalers & Retail Distributors industry. 3M has 15,643 more employees vs. Philips.

Schneider Electric is perceived as one of Philips's biggest rivals. Schneider Electric was founded in Rueil-Malmaison, Île-de-France} in 1836. Schneider Electric competes in the Electrical Components & Equipment industry. Compared to Philips, Schneider Electric generates $7B more revenue.

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Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$21.4B

Philips's revenue is the ranked lowest among it's top 10 competitors. The top 10 competitors average 35.3B. Over the last three quarters, Philips's revenue has decreased by 26.3%. Specifically, in Q2 2020's revenue was $4.9B; in Q1 2020, it was $4.6B; in Q4 2019, it was $6.7B.

Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Intact Vascular, Inc.

Aug 2020

Source »
$275M
Intact Vascular is a medical device company that develops and manufactures invasive peripheral vascular products for physicians.
Medumo, Inc.

Jul 2019

Source »
undisclosed
Medumo is a web-based platform that helps healthcare organizations to deliver digital instructions through automated emails and text messages.
Direct Radiology, LLC

Mar 2019

Source »
undisclosed
Direct Radiology offers teleradiology practice, emergency imaging and nighthawk services to hospitals, imaging centers and doctors.
Blue Willow Systems, Inc.

Sep 2018

Source »
undisclosed
Blue Willow Systems is a cloud-based senior community safety platform that offers real-time location tracking and enterprise reporting solutions.
Remote Diagnostic Technologies Limited

Jun 2018

Source »
undisclosed
RDT designs, manufactures and markets medical remote monitoring and resuscitation devices for the healthcare industry.

These are all the companies that Philips has acquired. Philips has acquired 25 companies and its latest acquisition was Intact Vascular, Inc. in Aug 2020. Intact Vascular is a medical device company that develops and manufactures invasive peripheral vascular products for physicians.

Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

Caretaker Medical develops, manufactures and distributes wireless patient monitoring devices to the healthcare sector.
-
Jun 01, 2020
Series B
-
Bright.md is a web-based virtual care platform that connects patients with healthcare providers via video, phone, and email.
$16.7M
Mar 09, 2020
Series C
-
Carevive Systems develops an EHR software that offers cancer care management solutions for the healthcare industry.
-
Feb 12, 2020
Series C
-
Alodokter is a mobile-based healthcare application that provides medication and teleconsultation solutions for individuals.
$33M
Oct 15, 2019
Series C
-
DEARhealth designs and develops a chronic disease management platform for physicians, patients and healthcare organizations.
$6.8M
Jul 16, 2019
Series A
-

These are all the companies that Philips has invested in. Philips has invested 25 companies and its latest investment was Intact Vascular, Inc. in Aug 2020. Intact Vascular is a medical device company that develops and manufactures invasive peripheral vascular products for physicians.

Philips News

December 1, 2020Luxury Daily

Phillips doubles down on live auctions to succeed during pandemic

Global auction house Phillips is navigating its way through the pandemic by staying dedicated to live... See more »
December 1, 202024*7 Magazine

Philips Highlights Enterprise Imaging Informatics at RSNA 2020

At RSNA 2020, Philips is announcing a series of informatics innovations, including the vendor-agnosti... See more »
December 1, 2020The Korea Bizwire

Philips Ambient Experience Helps Phoenix Children's Hospital Deliver Pediatric-centered Cancer Care

Amsterdam, the Netherlands and Phoenix, AZ, U.S., Dec. 1 (Korea Bizwire) - Royal Philips (NYSE: PHG, ... See more »
November 30, 2020FinanzNachrichten

Philips expands its healthcare customer services portfolio with the introduction of integrated Cybersecurity Services

November 30, 2020 Philips partners with CyberMDX, a leader in connected medical device security, to p... See more »
November 30, 2020BioSpace

CyberMDX Announces Partnership with Philips to Integrate CyberMDX into Newly Announced Integrated Cybersecurity Services

Industry leaders partner and create a vendor-neutral cybersecurity service CyberMDX is an integral pa... See more »
November 30, 2020Pharmabiz

Philips Patient Management Solution keeps patients safe and personalizes care during COVID19 at leading US medical centers

Royal Philips, a global leader in health technology, announced it is working with leading medical cen... See more »
November 30, 2020Medical Product Outsourcing

Royal Philips Introduces Patient Management System

Offers personalized care to patients during the COVID-19 pandemic.... See more »

Philips Blogs

Philips Press Releases

October 19, 2020Business Wire India

Philips Brings Hope and Optimism for Dhobi Community Through Its Latest Initiative - Hausla Program

Business Wire IndiaRoyal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today ... See more »
October 1, 2020PR Newswire

One Up Your Brushing with a Sleek, Portable Solution from Philips Sonicare

STAMFORD, Conn., Oct. 1, 2020 /PRNewswire/ -- Philips launches Philips One by Sonicare, the new batte... See more »
August 3, 2020VARINDIA

Philips Audio expands its product portfolio on Amazon Prime Day Sale

NEW DELHI, Aug. 4, 2020 /PRNewswire/ -- TPV today announced the expansion of Philips Audio range wit... See more »
July 1, 2020PressReleasePoint

Kickstart AI consortium members, Philips and Ahold Delhaize, announce new round of academic joint appointments

Amsterdam, the Netherlands - Today Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health te... See more »
May 13, 2020Business Wire

Take the Emotion Beyond the Screen With the Philips OLED 804 TV

SINGAPORE--(BUSINESS WIRE)--Take the Emotion Beyond the Screen with the Philips OLED 804 TV.... See more »
May 12, 2020PR Newswire

Leading Medical Device Companies, Medtronic and Philips, Expand Ventilator Production Amidst Coronavirus Outbreak, Reports TBRC

/PRNewswire/ -- Companies in the global ventilators market are increasingly expanding their ventilato... See more »

Philips Videos

November 4, 2020Philips Youtube Channel

" Philips SenseIQ. ." on YOUTUBE

November 4, 2020Philips Youtube Channel

" Philips SenseIQ. " on YOUTUBE

July 10, 2020Philips Youtube Channel

" Philips Avent!" on YOUTUBE

July 10, 2020Philips Youtube Channel

" ? Philips Avent!" on YOUTUBE

July 10, 2020Philips Youtube Channel

" Philips Avent - !" on YOUTUBE

July 10, 2020Philips Youtube Channel

" Philips Avent . !" on YOUTUBE

Social Media

Headquarters

Amstelplein 2

Amsterdam, Noord-Holland1096 BC

31-20-59-77777

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Summary

ABOUT

Overview

Koninklijke Philips N. V. (NYSE: PHG), or simply Philips, is a diversified technology firm focused in the areas of healthcare, consumer lifestyle, and lighting. It is a Dutch technology company headquartered in Amsterdam. It was founded in Eindhoven i...

CEO

Philips's Chairman & CEO, Frans van Houten, currently has an approval rating of 72%. Philips's primary competitors are GE, 3M & Schneider Electric.

Website

philips.com

Frequently Asked Questions about Philips

  1. When was Philips founded?

    Philips was founded in 1891
  2. Who is Philips's CEO?

    Philips's CEO is Frans van Houten
  3. How much revenue does Philips generate?

    Philips generates $21.4B in revenue
  4. How much funding does Philips have?

    Philips has historically raised $0 in funding
  5. Where is Philips's headquarters?

    Philips's headquarters is in Amsterdam Noord-Holland, NL
  1. How many employees does Philips have?

    Philips has 80,520 employees
  2. What sector does Philips operate in?

    Philips is in Computers, Peripherals, Networking and Electronic Equipment
  3. Who are Philips's competitors?

    Philips's top competitors are GE, 3M, Schneider Electric
  4. Who has Philips invested in?

    Philips's has invested in companies such as Caretaker Medical, Bright.md, Carevive