EPD Solutions

Company Overview

Snapshot

Founded in August 2014 by Shlomo Ben-Haim, EPD Solutions operated with 11–50 employees. The company was acquired by Philips in June 2018, marking a significant exit in the medical technology sector.

Business overview

EPD Solutions developed the KODEX - EPD, a cardiac mapping and navigation system that uses electromagnetic technology to generate real-time, high-definition 3D images of cardiac structures. This system allows operators to use their preferred mapping and ablation catheters and features a PANOv panoramic view for simplified navigation. The company operated within the Health Tech & Life Sciences sector, focusing on medical devices, particularly for cardiology and the treatment of heart diseases.

Strategic signal

The acquisition of EPD Solutions by Royal Philips in June 2018 for $292 million signals a strong validation of its electromagnetic cardiac mapping technology. This strategic move by Philips indicates a significant investment in advanced cardiac imaging and navigation systems, reinforcing the market's focus on innovative solutions for cardiac arrhythmia ablation.

Company Intelligence Q&A

What is EPD Solutions' primary product?

EPD Solutions developed the KODEX - EPD, a cardiac mapping and navigation system that utilizes electromagnetic technology to create real-time, high-definition 3D images of cardiac structures.

When was EPD Solutions founded?

EPD Solutions was founded in August 2014.

Who founded EPD Solutions?

EPD Solutions was founded by Shlomo Ben-Haim.

What was a significant corporate milestone for EPD Solutions?

EPD Solutions was acquired by Royal Philips in June 2018 for $292 million, leading to its inactive status.

What was the strategic outcome of the acquisition by Philips?

Following the acquisition by Philips in June 2018, EPD Solutions' R&D staff were planned to remain in Israel, integrating their expertise into Philips' operations.