PHILIPS, GLOBAL LEADER IN HEALTH TECHNOLOGY AND INNOVATION, COMING TO CAMBRIDGE CROSSING

The Company’s Innovation and Commercial Teams will move to the Cambridge/Somerville Location in 2020

SOMERVILLE – The Cities of Cambridge and Somerville announced today that international health technology leader Philips will move its North American headquarters to Cambridge Crossing in 2020. Cambridge Crossing is a 45-acre development site where Cambridge, Somerville, and Boston converge and is owned and under development by an affiliate of DivcoWest. Philips’ offices will occupy 243,000 square feet of the 250 North Street building, which is under construction and straddles the Cambridge and Somerville city line. The location will become home to more than 2,000 Philips employees.

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