Volcano Corporation

Volcano Corporation, founded in 2000 and based in San Diego, California, specializes in medical technology focused on intravascular imaging and physiology tools. The company is recognized as a leader in intravascular ultrasound (IVUS) and fractional flow reserve (FFR) measurements, providing essential tools for diagnosing and treating coronary and peripheral vascular diseases. Volcano's product offerings include advanced imaging catheters, pressure and flow consoles, and innovative technologies like ChromaFlo and Instant Wave-Free Ratio (iFR). With a global presence, Volcano operated in North America, Europe, and Japan, and had a manufacturing facility in Rancho Cordova, California. The company employed around 1,800 people and reported significant revenue, reaching approximately $400 million in 2013. In February 2015, Volcano was acquired by Philips for $1.2 billion, becoming part of Philips' Image-Guided Therapy business. This acquisition enhanced Philips' capabilities in minimally invasive cardiovascular procedures, integrating Volcano's expertise with Philips' imaging solutions.