Category: MAKO Surgical Corp.
Merger and acquisition activity in the medtech industry contracted 13% in 2013, with 41 deals worth a cumulative $14.3 billion coming in for the year, according to analysis from PricewaterhouseCoopers.
Total deal volume in the medical device industry contracted by about 13% in 2013, according to new analysis from audit shop PricewaterhouseCoopers.
Stryker Corp. says it closed the $1.7 billion buyout of robotic surgery company Mako Surgical today.
Mako Surgical's shareholders approve Stryker Corp.'s $1.65 billion acquisition bid.
Mako Surgical says it's settled 1 of 2 sets of lawsuits filed by shareholders ahead of its $1.65 billion buyout by Stryker Corp.
Company officials at Mako Surgical discuss the company's Q2 2013 earnings release. Mako posted Q3 losses of $21.3 million, or 45¢ per share, on sales of $22.8 million for the 3 months ended Sept. 30, 2013
Mako Surgical's sales drop and losses soar in the midst of its $1.65 billion buyout by Stryker, which compels Mako to withdraw its 2013 financial guidance.
Mako Surgical says it's closed its buyout of spinal implant maker Pipeline Biomedical Holdings ahead of its own acquisition by Stryker Corp.
Mako Surgical (NSDQ:MAKO) said it closed its buyout of partner Pipeline Biomedical Holdings in a cash/stock deal, ahead of its own, $1.7 billion acquisition by Stryker (NYSE:SYK).