%0 Journal Article %T Carving Out Parameter Space in Type-II Two Higgs Doublets Model %A Grinstein %A Benjam¨ªn %A Uttayarat %A Patipan %J High Energy Physics - Phenomenology %D 2013 %I %X We analyze the Type-II two Higgs doublets model in light of the newly discovered Higgs-like particle with mass 125 GeV. The observed 125 GeV particle is identified with the light CP-even Higgs boson in the two Higgs doublets model. We study the parameter space of the model consistent with the Higgs data, branching ratio of $\bar{B}\to X_s\gamma$ as well as precision electroweak measurements. We also incorporate theoretical constraints--- perturbativity of the couplings and vacuum stability, in our study. We find that only a small parameter space of the model remains viable. The phenomenology of the heavy Higgs bosons in the surviving parameter space is studied. %U http://arxiv.org/abs/1304.0028