EPD Solutions
Electromagnetic Monitoring with Cardiac Arrhythmia Ablation
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.
Log in to access full profile ›Company Intelligence Q&A
- What was the key outcome for EPD Solutions in June 2018?
- In June 2018, EPD Solutions was acquired by Royal Philips of the Netherlands. This acquisition led to the company's inactive status.
- What is the primary product developed by EPD Solutions?
- 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.
- Who founded EPD Solutions?
- EPD Solutions was founded by Shlomo Ben-Haim in August 2014.
- What was the reported acquisition amount for EPD Solutions?
- In June 2018, Philips acquired EPD Solutions for $292 million, as reported by Globes.co.il.
- What was the status of EPD Solutions' R&D staff after the acquisition?
- Following the acquisition by Philips in June 2018, the R&D staff of EPD Solutions was expected to remain in Israel, as reported by Globes.co.il.