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Respironics is an American medical supply company owned by Philips that specializes in products that improve respiratory functions. It is based in the Pittsburgh suburb of Murrysville in Pennsylvania, United States. Some of its products had hazardous foam that disintegrated and entered patients' bodies.
In the early 2000s, Philips bought many medical device companies and offered to buy Respironics for $66 a share when its stock was worth $53. McGinnis and the Respironics board did not want to sell the company and declined an earlier takeover offer. [3] However, they reluctantly accepted the sale because the shareholders wanted to cash out.
Gerard Philips (1858–1942), founder. The Philips Company was founded in 1891, by Dutch entrepreneur Gerard Philips and his father Frederik Philips. Frederik, a banker based in Zaltbommel, financed the purchase and setup of an empty factory building in Eindhoven, where the company started the production of carbon-filament lamps and other electro-technical products in 1892.
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Philco was founded in 1892 as Helios Electric Company. [6] From its inception until 1904, the company manufactured carbon-arc lamps.As this line of business slowly floundered over the last decade of the 19th century, the firm experienced increasingly difficult times.
In 1953 Philips started a small scale production facility in the center of the Dutch city Nijmegen as part of its main industry group "Icoma" (Industrial Components and Materials), followed by the opening of a new factory in 1955. In 1965 Icoma became part of a new Philips main industry group: "Elcoma" (Electronic Components and Materials). [11]
Philishave model HQ-5426 "Heritage" Philishave model S3552 celebrating 80th anniversary of Philishave brand. Philishave was a brand name for electric shavers manufactured by Dutch electronics conglomerate Philips, under its Personal Health division.
Fisher Scientific International, Inc. (NYSE: FSH [1]) was a laboratory supply and biotechnology company that provided products and services to the global scientific research and clinical laboratory markets until its merger with Thermo Electron in 2006, after which it became Thermo Fisher Scientific.
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