Stryker to pay $135M for Concentric Medical

September 1, 2011 by MassDevice staff

Stryker Corp. expands its footprint in the neurovascular space with a $135 million all-cash deal for Concentric Medical Inc. and its stroke treatment devices.

Concentric Medical

Stryker Corp. (NYSE:SYK) agreed acquire Concentric Medical Inc. for $135 million in cash in a deal expected to close by the end of the year.

Get the complete picture with a MassDevice Plus membership. Registered users can login here.