Medtronic makes $800 million acquisition of Ardian

November 22, 2010 by MassDevice staff

Medtronic Inc. buys out blood pressure treatment developer Ardian Inc. in $800 million deal.

Medtronic, Ardian logos

Medtronic Inc. (NYSE:MDT) picked up another cardiovascular device company in the latest of a series of acquisitions.

The largest medical device maker in the world today announced an agreement to acquire hypertension treatment developer Ardian Inc. in an $800 million deal, adding to its growing portfolio.

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