Philips (PHIA.AE) said Monday that it bought CDP Medical Ltd, an Israel-based provider of picture archiving and communications systems (PACS), and subsidiary of medical device distributor Medtechnica Ltd. (MEDI.TV)

MAIN FACTS:

- PACS enable medical images to be stored electronically and viewed on doctor and clinician workstations in and outside hospitals, creating more efficient workflow and improved clinical results.

- No financial details were provided.

- The deal is expected to close in the coming months.

- By Amsterdam Bureau, Dow Jones Newswires; +3120-571-5200; amsterdam@dowjones.com