Royal Philips NV, the Dutch maker of health-care equipment, is looking at billion-dollar-plus acquisitions in the coming months following a spinoff of its lighting business.

Health-care informatics, combining technology and data to manage patient health, is a target market, chief executive officer Frans van Houten said in an interview. A typical purchase might be similar to the company’s $1.2 billion takeover in 2014 of smart catheter-maker Volcano Corp., he said. Philips may also pursue smaller deals, he said.

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