Lifeline Systems to be Acquired by Royal Philips Electronics (US)

Steve Hards

Lifeline’s revenues in 2005 are expected to be approximately $150 million, representing a 15% increase over 2004. Lifeline’s operating margins in 2005 are expected to be approximately 15%. The company has a broad market presence in United States and Canada, marketing its services through a network of more than 2,500 hospitals and other healthcare providers and serves a subscriber base of nearly 470,000.

Press release