MassDevice

The Medical Device Business Journal — Medical Device News & Articles | MassDevice

Home » Stryker closes Vocera Communications acquisition

Stryker closes Vocera Communications acquisition

By

StrykerStryker (NYSE:SYK) announced today that it has completed its Vocera Communications acquisition, a deal previously pegged at $3.1 billion.

Vocera is a provider of digital care coordination and communication offerings, including the hands-free Vocera Smartbadge.

“This acquisition provides significant opportunities to advance innovations and accelerate our digital aspirations,” Stryker CEO Kevin Lobo announced in a news release. “We welcome the Vocera team to Stryker and look forward to working together to enable safer patient care and help our customers improve outcomes.”

Stryker on Feb. 23 completed the deal, which involved the previously announced cash tender offer for all of the outstanding shares of common stock of Vocera for $79.25 per share.

 

More recent news

About Chris Newmarker

Chris Newmarker is the executive editor of WTWH Media life science's news websites and publications including MassDevice, Medical Design & Outsourcing and more. A professional journalist of 18 years, he is a veteran of UBM (now Informa) and The Associated Press whose career has taken him from Ohio to Virginia, New Jersey and, most recently, Minnesota. He’s covered a wide variety of subjects, but his focus over the past decade has been business and technology. He holds bachelor’s degrees in journalism and political science from Ohio State University. Connect with him on LinkedIn or email at [email protected].