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Does Koninklijke Philips N.V. support Israel?

Support documentedupdated 2026-07-21

Yes — Koninklijke Philips N.V. has documented support for Israel on record. Every claim below links to its source.

Filed under: Pharma & healthcare companies · Household & consumer goods brands · Tech companies · Companies that support Israel

Background

A common claim that Philips bought Israeli medical-imaging company Algotec in 2003 is inaccurate: Algotec was acquired that year by Eastman Kodak for $42.5 million, passed to Onex/Carestream Health in 2007, and only became part of Philips in August 2019 when Philips bought Carestream's Healthcare Information Systems business. Philips' documented Israeli footprint instead runs through its Haifa CT center — acquired with Marconi Medical Systems in 2001 and descended from Israel's Elscint — which remains Philips' main global CT development and production site, plus later acquisitions of Israeli companies CDP Medical (2010) and EPD Solutions (2018).

Vision Systems Design (Kodak–Algotec, 2003) Philips (Carestream HCIS completion release)

Timeline of documented support

20012004200720102013201620192001-10 — Acquisition: Marconi Medical Systems (including its Haifa, Israel CT operation)Acquisition2001-102010-08 — Acquisition: CDP Medical Ltd (Israel)Acquisition2010-082017 — Operations in Israel: Philips Medical Systems Technologies Ltd (Haifa, Israel)Operations in Israel20172018-06 — Acquisition: EPD Solutions (Caesarea, Israel)Acquisition2018-062019-08 — Acquisition: Carestream Health HCIS business (including Algotec, Ra'anana, Israel)Acquisition2019-08

Documented support

TypeDateAmountRecipientSources
Acquisition2001-10$1,100,000,000Marconi Medical Systems (including its Haifa, Israel CT operation)
Philips acquired Marconi Medical Systems for about $1.1 billion in cash, chiefly to strengthen its CT portfolio. The deal brought Philips the Haifa-based CT development and manufacturing operation descended from Israel's Elscint, whose CT business Marconi's predecessor (Picker International) had bought in 1998.
Operations in Israel2017—Philips Medical Systems Technologies Ltd (Haifa, Israel)
Philips' primary global research, development and manufacturing site for advanced CT scanners is in Haifa (Matam park), covering CT system design, detection and clinical applications software; Spectral CT was invented and is manufactured there. Philips Healthcare is one of the largest medical-device employers in Israel and announced further Israeli workforce expansion in 2017; Haifa-developed scanners such as the Mx8000 IDT have been produced at the site since the early 2000s.
Acquisition2010-08—CDP Medical Ltd (Israel)
Royal Philips Electronics acquired Israeli PACS (picture archiving and communication systems) company CDP Medical, a subsidiary of Israel's IDB group, expanding its clinical informatics portfolio. Terms were not disclosed.
Acquisition2018-06$292,000,000EPD Solutions (Caesarea, Israel)
Philips acquired Israeli cardiac imaging and navigation company EPD Solutions, founded by Prof. Shlomo Ben-Haim, for €250 million (~$292 million) upfront plus up to ~€210 million in milestone payments; EPD and its employees joined Philips' Image-Guided Therapy business.
Acquisition2019-08—Carestream Health HCIS business (including Algotec, Ra'anana, Israel)
Philips completed the acquisition of Carestream Health's Healthcare Information Systems business, which included Algotec Systems, the division's Ra'anana-based Israeli R&D center for enterprise imaging; Algotec became a fully owned Philips subsidiary (Philips Algotec).

Frequently asked questions

Did Koninklijke Philips N.V. donate money to Israel or Israeli causes?

We have no records of cash donations, but Koninklijke Philips N.V. has documented support of other kinds (Acquisition, Operations in Israel). See the records on this page.

Where does this information come from?

Every record on this page links to its source — news reports, official company statements, tax filings, or government records. 15 distinct sources are cited for Koninklijke Philips N.V.. Our methodology page explains the full verification process.

Sources & citations

Record last updated: 2026-07-21

Companies with documented support