Based on a recent report published by iData Research on the video endoscopy market within Europe, several mergers and deals occurred over the past year. Video endoscopy systems are used to view the live, color video of the interior of the body during diagnostic and therapeutic minimally invasive surgeries (MIS). Top most impactful M&A’s and
iData ResearchTop M&A Deals in the European Video Endoscopy Market
Stryker has announced it has cleared all regulatory hurdles previously in the way of its planned $4.7 billion acquisition of Wright Medical. The tender offer was initiated back in November 2019 and has now been completed as of November 11, 2020. “Wright Medical has built a successful business, and together we look forward to working
iData ResearchStryker Goes to Extrem(iti)es with Wright Medical Acquisition
Intuitive Surgical, a world leader in minimally invasive care and robotic-assisted systems, sets to expand its integrated informatics platform by acquiring Orpheus Medical. Orpheus Medical will continue to operate independently, becoming a wholly-owned subsidiary of Intuitive Surgical. Orpheus Medical stores surgical videos and images to an archive accessible to hospitals worldwide. Videos and images are
Medical device giant Medline Industries, Inc. announced the acquisition Médi-Sélect, a Quebec City-based medical and dental supplies distributor to join its Medline Canada operations. Médi-Sélect will remain an independent division of Medline Canada through 2020 and all current employees will continue in their current roles and responsibilities. According to iData Research, the U.S. market for
Vascular Graft Solutions (VGS), an Israeli-based interventional cardiology company that specalizes in improving the outcomes of coronary and peripheral bypass surgeries, has announced the acquisition of several patent families from NEOGRAFT Technologies Inc. Included are patents that were previously developed and owned by Kips Bay Medical Inc., who pioneered in venous external stenting and vascular
iData ResearchVascular Graft Solutions Acquires Patent Property by Kips Bay Medical Inc.
Coventus Orthopaedics, Inc., a medical device company whose focus is on continuous development of fracture treatment, announced this month that they have acquired all the assets of IntraFuse, LLC. IntraFuse has developed proprietary intramedullary implants for minimally invasive repair of bone fractures and are known for their FlexThread impants, which are FDA cleared and protected
J&J Medical Devices Companies Logo, Courtesy of J&J In a recent acquisition, Verb Surgical Inc. will now be wholly owned by Johnson & Johnson. The announcement to acquire the remaining stake was made in late this month. The company will continue collaboration with Verily, an Alphabet company, in developing a state-of-the art robotic-assisted surgical system.
iData ResearchJohnson & Johnson Agrees to Acquire Remaining Stake in Verb Surgical Inc.
New Jersey-based Cantel Medical Corporation has completed their acquisition of Hu-Friedy Mfg. Co LLC. The transaction was finished on October 2nd, 2019. The acquired company is a manufacturer of instruments and instrument reprocessing workflow systems serving the dental industry. The purchase consisted of a total of 751,471 shares of Cantel’s common stock and $665 million
In a recent development, France-based Vygon Group, has acquired Italy-based Pilot. The purpose of the transaction was to obtain Pilot’s ECG location and navigation technology from their Pilot TLS product. The device ensures a safe insertion of central venous catheters (CVC) through precision and accuracy. The end result is optimal positioning of the distal tip
In a recent acquisition, Corindus Vascular Robotics is now a part of Siemens Healthineers. The deal came into effect at the end of October 2019, and was valued at $1 billion. The company will join Siemens’ advanced therapies reporting segment. Register to receive a free Surgical Robotics and Navigation Market Analysis, Size, and Trend Report
iData ResearchSiemens Healthineers Acquires Corindus for $1 Billion