Medtronic (NYSE:MDT) CEO Omar Ishrak has literally put his money where his mouth is since saying in early June that the world’s largest pure-play medtech maker would look for small-scale investments – $1.05 billion of that money, in fact. That’s Fridley, Minn.-based Medtronic’s announced spend on M&A since June 5, when Ishrak said the company would […]
RF Surgical Systems
Medtronic inks $235m deal for RF Surgical Solutions
Medtronic (NYSE:MDT) said today that it agreed to pay $235 million to acquire RF Surgical Systems and its device for keeping track of items used during surgery. The RF Surgical system is designed to help prevent “never events” such as leaving a surgical sponge in a patient after surgery, using low radiofrequency signals to track the […]
Biolase board of directors cut by DE judge | Medtech personnel moves for the week of Mar. 24, 2014
DJO Global taps ex-Life Technologies exec for CFO role
DJO Global said it hired a new CFO, Susan Crawford, formerly of Life Technologies.
Crawford replaces Vickie Capps, who left DJO late last year "to pursue other business opportunities," the company said at the time.
Delcath to pare 20% of its U.S. workforce | Personnel Moves
Queensbury, N.Y.-based Delcath (NSDQ:DCTH) announced last week that it plans to pare its workforce by about 20%, the latest in a series of layoff announcements from the oncology devices maker. This is the 3rd time this year that Delcath has announced imminent layoffs, having announced smaller cuts in April and larger layoffs in January.
