Intuitive Surgical (NSDQ:ISRG) announced that it completed the acquisition of privately-held Orpheus Medical for an undisclosed amount to grow its integrated informatics platform.
New York-based Orpheus Medical offers information technology connectivity and expertise in processing and archiving surgical video to hospitals around the world.
The company develops and distributes a clinical video management and analytics platform for multiple surgical disciplines, according to a news release out yesterday. The platform is designed to capture and share video and imaging to help physicians or care teams improve workflow and analysis of interventions.
Sunnyvale, Calif.–based Intuitive Surgical, which develops the da Vinci robot-assisted surgical platforms, said Orpheus Medical will become a wholly-owned subsidiary of the company.
“The addition of Orpheus will provide customers — including surgeons, patient care teams and hospitals — with ready access to and a deeper understanding of their data, which we believe may help our customers improve patient outcomes and lower total treatment costs,” Intuitive Surgical senior VP of corporate development & strategy Julian Nikolchev said in the news release.
“Combining both companies’ innovative technologies with Intuitive’s global reach and resources will enable current and future customers easier and faster access to their data,” added Orpheus Medical CEO Gaddi Menahem.
