Extens has announced the sale of its stake in MediReport, a cardiovascular information software company, to Philips. Extens invested in MediReport in February 2020 alongside founders and Elige Capital. Over six years, the company transitioned to a SaaS model with its MediReport 360 platform and expanded globally, especially in the US.
Founded in 1995, MediReport serves over 300 hospitals in more than 40 countries. Its software manages clinical data and workflows in cardiology. The acquisition combines MediReport’s expertise with Philips’ strengths in imaging, hemodynamics, and cardiovascular informatics.
MediReport will leverage Philips’ global reach and technology for future growth. Frédéric Darguesse was appointed CEO in December 2023.
Source: PE Hub · Summarized by HeadlinesBriefing