Herzog Represented Philips
17 May 2023
We represented Philips in the acquisition of DiA Imaging Analysis Ltd.
Philips acquisition of DiA – acquiring the company after joining the company as an investor just two years before. One of only a few acquisitions done by Philips, one of the largest healthcare companies worldwide, in Israel. A highly complex transaction completed in a global downturn.
Philips acquisition of DiA – a significant deal for the Israeli healthcare market as it solidifies Philips’ commitment to Israel and showcases how strategic investments could potentially lead to acquisitions in a very short timeframe. While being led by Alon and Avital as the deal team, the deal required the expertise of many prominent individuals within Herzog, including on matters requiring a very strong understanding of patient data regulation and global compliance regimes.