Volcano Corp. Acquired by Royal Philips NV for $1.2 Billion

Cooley advised Volcano on its $1.2 billion sale to Royal Philips. The transaction closed in the first quarter of 2015.

Volcano is a leading, San Diego-based company focused on improving patient and economic outcomes on a global basis by developing and delivering innovative minimally invasive coronary and peripheral visualization, physiology diagnostics and therapies. Royal Philips is an Amsterdam-based diversified health and well-being company focused on improving people's lives through meaningful innovation in the areas of healthcare, consumer lifestyle and lighting.

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