EPD Solutions

Electromagnetic Monitoring with Cardiac Arrhythmia Ablation

Health Tech & Life Sciences
Acquired (Inactive) by Philips on Jun 2018 - closed due to acquisition

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 specializes in developing advanced cardiac mapping and navigation systems for the health tech and life sciences sector. Its core product, the KODEX - EPD, utilizes electromagnetic technology to generate real-time, high-definition 3D images of cardiac structures. This system is designed to allow operators to use their preferred mapping and ablation catheters, enhancing procedural flexibility. The KODEX system also features PANOv panoramic view, which simplifies navigation and ablation procedures by providing a flattened whole-chamber 3D view, serving the cardiology and medical device markets.

Strategic signal

In June 2018, EPD Solutions was acquired by Royal Philips, a major multinational conglomerate. This acquisition, reported to be for $292 million, signals strong validation of EPD Solutions' cardiac imaging technology and its potential to integrate into broader healthcare solutions, indicating a successful exit and strategic alignment with a global leader in health technology.

Company Intelligence Q&A

What is EPD Solutions' primary product?
EPD Solutions developed the KODEX - EPD, a cardiac mapping and navigation system that uses electromagnetic technology to create real-time, high-definition 3D images of cardiac structures.
When was EPD Solutions founded and by whom?
EPD Solutions was founded in August 2014 by Shlomo Ben-Haim.
What was a significant corporate milestone for EPD Solutions?
EPD Solutions was acquired by Royal Philips in June 2018, which led to the company's inactive status.
What is the KODEX system's unique feature?
The KODEX cardiac mapping and navigation system offers the PANOv panoramic view, a feature that simplifies navigation and ablation procedures by providing a flattened whole-chamber 3D view.
What was the reported acquisition amount for EPD Solutions?
Royal Philips acquired EPD Solutions for $292 million in June 2018, as reported by Globes.

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