Category: Mergers & Acquisitions
Varian Medical Systems says it agreed to pay $37 million to acquire German cancer screening software maker MeVis Medical Solutions.
Here's a look at some of the top mergers & acquisitions stories for medical device companies this week: Medtech M&A explodes in 2014; Synergetics pays $14m for Sterimedix; Report: Lawyer says Guidant didn't breach deal with J&J
Royal Philips agrees to pay $1.2 billion to acquire Volcano Corp. and its cardiovascular imaging technology.
Medtronic says its proposed, $43 billion acquisition of Covidien has cleared all anti-trust hurdles worldwide, setting the stage for shareholder votes next month.
Guidant was within its rights to give due diligence materials to Abbott, even though it had an acquisition deal going with Johnson & Johnson, a former Guidant lawyer reportedly testifies.
Merger & acquisition volume in the medical device space jumped nearly 40% this year, but the real news is a surge in valuations, which soared some 504% compared with 2013.
Merger & acquisition activity surged this year in the medical device industry, with both the number and value of deals climbing to new heights after years of decline, according to a MassDevice.com analysis.
Synergetics pays nearly $14 million to acquire U.K.-based cannulae and needles maker Sterimedix, misses expectations with fiscal 1st-quarter earnings.
Synergetics (NSDQ:SURG) said yesterday that it acquired a U.K.-based cannulae and needles maker, Sterimedix, for $13.5 million and announced lower-than-expected earnings for its fiscal 1st quarter.