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Ophthalmic Imaging Systems

Symmetry bags Olsen Medical | Acquisitions roundup

August 8, 2011 By MassDevice staff Leave a Comment

Symmetry

Orthopedic company Symmetry Medical (NYSE:SMA) signed a definitive agreement to acquire Olsen Medical the terms of which were not disclosed. 

Olsen manufactures single-use and reusable forceps, cords, electrosurgical pens/pencils, electrodes and accessories sold primarily in the U.S. and internationally through distributors.

Filed Under: Mergers & Acquisitions, News Well, Wall Street Beat Tagged With: Alere, Axis-Shield, JGI, Merge Healthcare, Olsen Medical, Ophthalmic Imaging Systems, Science Applications International Corp., Symmetry Medical Inc., Symphony Corp., Vitalize Consulting Solutions

Stryker to pay $162 million for French alloy maker Memometal

June 6, 2011 By MassDevice staff Leave a Comment

Stryker
Memometal

Stryker Corp. (NYSE:SYK) agreed to pay $150 million in up-front cash for Memometal Technologies SA, plus another $12 million in milestone payments.

Bruz, France-based Memometal makes implants for the extremities using shape memory alloys. The $162 million value of the deal is a 5.4x multiple of the $30 million the company posted to its top line last year.

Filed Under: Mergers & Acquisitions, News Well Tagged With: AstraZeneca plc, Merge Healthcare, Nobel Biocare Holdings AG, Northern Digital Inc., Ophthalmic Imaging Systems, Roper Industries Inc., Straumann Holdings AG, Stryker, Unisyn Medical Technologies

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