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Home » Brainlab acquires Medineering’s robotics platform

Brainlab acquires Medineering’s robotics platform

March 20, 2019 By Brad Perriello

BrainlabBrainlab said today that it acquired Medineering and its line of robot-assisted surgery devices for an undisclosed amount.

Brainlab, which earlier this month dealt its orthopedic joint reconstruction assets to Smith & Nephew (NYSE:SNN), is already an investor and markets the Medineering robot-assisted surgical arm under the Cirq brand. The Munich-based company said it plans to fold the Medineering tech into its open-architecture surgery offering.

“Medineering introduced a fresh new approach to surgical robotics when we entered into our partnership less than three years ago,” pesident & CEO Stefan Vilsmeier said in prepared remarks. “Today, we are shifting gears and accelerating development with additional resources to address a broader clinical market.”

“Becoming part of Brainlab means scalability for our technology and improved market access,” added Medineering co-founder & CEO Stephan Nowatschin. “Combining our open platform with the software ecosystem from Brainlab will enable more efficient development of very competitive clinical solutions.”

Filed Under: Featured, Mergers & Acquisitions, Surgical Robotics, Wall Street Beat Tagged With: Brainlab, Medineering

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