Blog Tag: acquisition

Philips Acquires EGI

Philips recently announced that it will purchase Electrical Geodesics, Inc. (EGI).  The total value of the deal is estimated to be GBP 29.0 million (approximately $36.9 million).  According to its website, EGI designs, develops, and

Philips Acquires Spectranetics for $2.16 Billion

Philips Acquires Spectranetics for $2.16 Billion

According to a June 28, 2017 press release, Dutch healthcare company Philips has agreed to buy Colorado Springs-based Spectranetics Corporation, a cardiac device manufacturer, for approximately 1.9 billion euros ($2.16 billion),

Philips Buys RespirTech for Undisclosed Amount

Philips Buys RespirTech for Undisclosed Amount

Dutch conglomerate Philips recently announced that it will purchase Respiratory Technologies Inc. (RespirTech). According to its website, RespirTech describes itself as a St. Paul, Minnesota-based provider of inCourage vests, which

MedPlast Completes Acquisition of Vention Medical

MedPlast, Inc. recently announced that it has completed its acquisition of Vention Medical‘s device manufacturing services arm.  The press release states that the acquisition “broadens MedPlast’s manufacturing

ICU Medical Buys Hospira Infusion Systems From Pfizer

ICU Medical and Pfizer have reached an agreement to transfer ownership of Hospira Infusion Systems to ICU Medical, according to a joint press release on October 6.

         

According to the press release, in exchange for the Hospira division, which

Johnson & Johnson to Acquire Abbott Medical Optics

Johnson & Johnson recently announced an agreement to acquire Abbott Medical Optics for $4.325 billion.  Abbot Medical Optics, a subsidiary of Abbot Laboratories, reported $1.1 billion in sales in 2015.  According to the press release,

Stryker’s String of Acquisitions Continues with Ivy Sports Medicine

Stryker’s String of Acquisitions Continues with Ivy Sports Medicine

PRNewswire reports that Stryker‘s Endoscopy division has acquired Ivy Sports Medicine for an undisclosed amount.

According to the press release, Ivy Sports Medicine’s portfolio includes: the only FDA-approved collagen

Zimmer Biomet Buys LDR Holding for $1 Billion

Warsaw, Indiana-based Zimmer Biomet Holdings Inc.  recently announced it will purchase LDR Holding Corp. for approximately $1.0 billion.  PR Newswire notes that Zimmer Biomet will commence a tender offer to acquire all outstanding

HeartWare International To Acquire Valtech Cardio

HeartWare International recently announced that it has entered into a definitive agreement to acquire Valtech Cardio, Ltd.  Yehuda, Israe-based Valtech Cardio currently provides a transcatheter mitral valve repair product 

Edwards Completes Acquisition of CardiAQ

According to PRNewswire, Edwards Lifesciences Corporation recently completed its acquisition of CardiAQ Valve Technologies, Inc, a developer of transcatheter mitral valve replacement systems, which follows from Edwards’

Lombard Medical Acquires Altura Medical

Lombard Medical, Inc. recently announced that it has acquired Altura Medical.  Lombard is an Irvine, California-based medical device company that makes devices for endovascular aneurysm repair (EVAR) of abdominal aortic aneurysms

Medtronic Acquires Aptus Endosystems for $110 Million

Medtronic PLC recently announced its acquisition of Aptus Endosystems, further adding to its portfolio of medical device products. The acquisition was reported to be valued at approximately $110 million.

According to its website, Aptus

Cardinal Health to Acquire The Harvard Drug Group for $1.1 Billion

Ohio-based Cardinal Health (CAH)  has agreed to buy Michigan-headquartered The Harvard Drug Group (THDG) for $1.12 billion. According to press releases, THDG, which is currently owned by Court Square Capital Partners, is a distributor

Heraeus Medical Components to Acquire NeoMetrics

Heraeus Medical Components to Acquire NeoMetrics

In a press release issued March 18, 2015, Heraeus Medical Components, a global business unit of Heraeus Holding GmbH, announced that it will acquire NeoMetrics, Inc.  According to the press release, Heraeus Medical Components has executed

Smith & Nephew and ArthroCare $1.7 Billion Merger Moving Forward

On March 14, 2014, according to a press release, Smith & Nephew plc announced the early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, for the proposed merger of ArthroCare

LifeCell acquires Adipose Grafting technology from TauTona

On January 27, 2014, according to a press releaseLifeCell Corporation acquired adipose Tissue Injector (aTI) technology for improved fat grafting procedures from the TauTona Group, a medical device incubator based in Menlo Park,

Valeant Pharmaceuticals to Acquire Solta Medical for $250M

Valeant Pharmaceuticals announced today that it has entered into an agreement to acquire Solta Medical, a developer of energy-based medical devices for aesthetic applications. The transaction will take the form of an all-cash buyout

St. Jude Medical Acquires Endosense

On August 19, St. Jude Medical, Inc. announced the acquisition of Endosense SA.  The press release notes that St. Jude Medical has made an initial payment of approximately $170 million with additional cash payments of up to $161 million contingent

Angiotech Announces Sale of Interventional Products Division to Argon Medical Devices, Inc.

Angiotech announced this morning that it has entered into an agreement to sell its Interventional Products business line for $362.5 million in cash to Argon Medical Devices, Inc.  According to the press release, the sale is expected to close