Stryker (NYSE:SYK) said today that it closed the $500 million buyout of Mobius Imaging and its Cardan Robotics subsidiary. The Kalamazoo, Mich.-based company was the first orthopedics major to bet large on robotics with the $1.68 billion acquisition of Mako Surgical in December 2013. Last month Stryker agreed to pay $370 million up front, with another $130 million […]
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Stryker bolsters robotics play with $500m offer for Mobius Imaging
Stryker (NYSE:SYK) today bolstered its early play in robotics with a $500 million all-cash bid for Mobius Imaging and its Cardan Robotics subsidiary. The Kalamazoo, Mich.-based company was the first orthopedics major to bet large on robotics with the $1.68 billion acquisition of Mako Surgical in December 2013. Today Stryker said it agreed to pay […]
Mobius Imaging raises $25m
Mobius Imaging has raised $25 million in a new round of equity financing, according to a recently posted SEC filing. Money in the round came from only two unnamed investors, with the date of the first sale noted on June 15, according to the filing. Mobius Imaging has not yet commented on the round, or how […]
FDA clears Mobius Imaging’s Airo Mobile CT imager for pediatric use
Mobius Imaging said yesterday it won FDA 510(k) clearance for its Airo Mobile CT imaging system designed for pediatric applications. The Shirley, Mass.-based company said it previously won FDA 510(k) clearance in 2013 for non-pediatric imaging, and is designed for use in applications supporting brachytherapy, radiation therapy and surgical imaging. The new clearance is an […]
