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    Medical technology giant plans to put its longtime Seattle-area campus up for sale – GeekWire

    adminBy adminJune 1, 2026No Comments4 Mins Read
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    Medical technology giant plans to put its longtime Seattle-area campus up for sale – GeekWire
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    by John Cook on Jun 1, 2026 at 9:36 amJune 1, 2026 at 10:48 am

    Philips designs and builds its ultrasound systems, including this premium imaging platform, at its Bothell campus. (Philips Photo)

    Philips plans to put its Bothell, Wash., campus up for sale, marking a significant moment for Washington state’s medical device industry and for a site that helped establish the region as a global center for ultrasound innovation.

    GeekWire confirmed the news after receiving a reader tip. The healthcare technology giant said the move is part of a long-term real estate strategy and will not affect employees or operations in the Seattle area. 

    “In May 2026, as part of Philips’ long-term real estate and workplace planning strategy, the company indicated its intent to list its current campus in Bothell, Washington for sale,” a Philips spokesperson said in a statement. The company described the effort as a multi-year process and said it intends to secure another local site and relocate employees and operations if the property is sold.

    The Philips campus on Bothell Everett Highway, northeast of Seattle. (Via Google Maps)

    As of last year, GeekWire reported that the Canyon Park facility — located across multiple buildings at 22100 Bothell Everett Highway — employed about 1,500 people. 

    The Bothell campus has deep roots in Washington’s most influential medical technology companies.

    The first is ATL Ultrasound, the pioneering medical imaging company that helped put the Seattle region on the map in ultrasound technology. Philips acquired ATL in 1998 for $800 million, making Bothell a global hub for its ultrasound business and expanding its footprint in the region over time.

    ATL also helped seed a broader ultrasound ecosystem in Washington state, including SonoSite, which was spun out as an independent company before Philips acquired ATL. SonoSite was later acquired for $995 million by Fujifilm in 2012.

    Another is Heartstream, the Seattle-area pioneer in automated external defibrillators. Heartstream was acquired by Hewlett-Packard in 1998, later became part of Agilent Technologies and was folded into Philips through its acquisition of Agilent’s healthcare business in 2001.

    Earlier this year, Bridgefield Capital acquired Philips’ Emergency Care business and relaunched it under the Heartstream name, reviving one of the region’s better-known med-tech brands as an independent company, based in Bothell with 600 employees worldwide.

    The real estate move comes as Philips continues to reshape its healthcare portfolio. The company also disclosed layoffs affecting 33 employees at its Bothell-area healthcare device manufacturing facility last year, GeekWire reported. 

    Separately, the U.S. Food and Drug Administration last September issued a warning letter to the CEO of Royal Philips citing oversight concerns at the Bothell facility as well as a location in Pennsylvania and another in the Netherlands. The issues at the Bothell site relate to a lack of documentation regarding the company’s response when ultrasound devices are reported to be defective and either break or perform incorrectly.

    Philips stressed that the campus sale wouldn’t affect jobs. 

    “This decision will have no impact on employee roles or employment status, or to business operations located in Bothell,” the spokesperson said. “This action is related to real estate and space alignment only and will not affect people or their jobs.”  

    The company said it intends to maintain a presence in the region. Bothell is home to employees from nearly every Philips business segment, with Ultrasound and Personal Health representing the largest employee populations, the spokesperson said. 

    “In the event of a sale of the property, Philips intends to secure a new local site that supports the company’s ongoing needs, where current personnel and operations would be relocated.”

    Got another scoop for us? Email [email protected] or use this form.

    Campus GeekWire giant Longtime medical plans put sale Seattlearea Technology
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