March 17, 2008 - — Royal Philips Electronics (NYSE:PHG, AEX:PHI) (“Philips”) and Respironics, Inc. (NASDAQ:RESP) (“Respironics”) announced that Philips has completed the acquisition of Respironics through the merger of its indirect wholly owned subsidiary with and into Respironics. 
As a result of the merger, Respironics has become an indirect wholly owned subsidiary of Philips... Philips' Press Release -
