Royal Philips Electronics, based in the Netherlands, today announced it will acquire Emergin Inc, a privately held alarm management and event notification software company based in Boca Raton, Fla.

Terms of the deal were not disclosed, but company representatives said the transaction is expected to close before the end of the year.

As the leading US provider of software designed to transmit medical alarm signals throughout hospitals, Emergin will be incorporated into the Patient Monitoring business unit within Philips‚ Healthcare sector. Specifically, Philips will integrate Emergin’s software directly into its patient monitoring products.

"At Philips, we’ve built up a number-one position in patient monitoring systems, and you’ll find our monitors throughout the hospital. … We’re seeing however the ratios of patients to medical staff on the rise, and our customers are looking for solutions that help them access the critical patient data that our monitors provide, quickly and flexibly throughout the hospita," said Steve Rusckowski, CEO of Philips Healthcare. "Emergin’s software provides that functionality, and will enhance the performance of our patient monitoring equipment, making it a good fit for this business."