Verified Nov 2026
Electronics & Software
·
Cambridge, Massachusetts
·
Since 1997
Philips Capsule, formerly Capsule Technologies, provides medical data technologies for hospitals and healthcare organizations. Founded in 1997 and headquartered in Cambridge, Massachusetts, United States, the company has an estimated 200-500 employees and an estimated revenue band of $50-100M. It was acquired by Philips in early 2021 and is privately held. Its Medical Device Information Platform connects medical devices and electronic medical records for real-time monitoring, and Philips Capsule Surveillance 4.3 was released in August 2026. The company serves healthcare institutions in the medical sector.
Philips Capsule at a glance
Revenue
$50-100M
Est. band
Employees
200-500
Founded
1997
Headquarters
Cambridge, Massachusetts
Industries
Automotive
Electric Vehicles
Electronics
Medical
Industrial Equipment
Overview
Philips Capsule, formerly Capsule Technologies, provides medical data technologies for hospitals and healthcare organizations. Founded in 1997 and headquartered in Cambridge, Massachusetts, United States, the company has an estimated 200-500 employees and an estimated revenue band of $50-100M. It was acquired by Philips in early 2021 and is privately held. Its Medical Device Information Platform connects medical devices and electronic medical records for real-time monitoring, and Philips Capsule Surveillance 4.3 was released in August 2026. The company serves healthcare institutions in the medical sector.
At a glance
Attribute | Detail |
|---|---|
Founded | 1997 |
Headquarters | Cambridge, Massachusetts |
Employees | 200-500 |
Revenue | $50-100M (estimated) |
Primary capability | Electronics & Software |
What Philips Capsule makes
Its core capabilities include the Medical Device Information Platform for device integration, cloud data storage, clinical surveillance, and virtual care, and it reports serving more than 2,800 healthcare institutions across 40 countries.
Products and capabilities described on the company's own site include Battery (source: capsuletech.com).
Latest developments
2026-09-08 — Philips Capsule is proud to support Sydney Children’s Hospitals Network and its Big Data for Small People initiative. | Philips Capsule (linkedin.com)
2026-08-10 — Philips Capsule Surveillance 4.3 is live! | Philips Capsule (linkedin.com)
2026-02-25 — 🚀 The new Philips Capsule Device Driver Interface Library is now available! 🚀 | Philips Capsule (linkedin.com)
2025-09-29 — Philips Korea and DSMC Signed MOU to Build a Smart Operating Room Based on a Medical Device Data Integration Platform - News | Philips (philips.co.kr)
2025-06-30 — Cardiac Services Announced as Official Reseller for Philips Medical Device Integration in the United Kingdom | Philips (philips.co.uk)
2025-05-29 — Philips Capsule Solution - Find a Tender (service.gov.uk)
Company details
It operates as a subsidiary following Philips' acquisition in early 2021, with a reported employee band of 200-500. Philips Capsule was founded in 1997, has an estimated 200-500 employees, and is headquartered in Cambridge, Massachusetts.
Frequently asked questions
What does Philips Capsule make?
Philips Capsule, formerly Capsule Technologies, provides medical data technologies for hospitals and healthcare organizations. Founded in 1997 and headquartered in Cambridge, Massachusetts, United States, the company has an estimated 200-500 employees and an estimated revenue band of $50-100M. It was acquired by Philips in early 2021 and is privately held. Its Medical Device Information Platform connects medical devices and electronic medical records for real-time monitoring, and Philips Capsule Surveillance 4.3 was released in August 2026. The company serves healthcare institutions in the medical sector.
Where is Philips Capsule headquartered?
Philips Capsule is headquartered in Cambridge, Massachusetts (222 Jacobs St, Cambridge, Massachusetts, 02141-2296).
When was Philips Capsule founded?
Philips Capsule was founded in 1997.
How big is Philips Capsule?
Philips Capsule has an estimated 200-500 employees, with revenue in the $50-100M range (estimated).
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Last verified Nov 2026. Is this your company? Request a correction.
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