Medical device developers and manufacturers like Stryker (NYSE:SYK) are changing how they approach design as digital technology becomes more crucial. Four Stryker executives shared how the Kalamazoo, Michigan–based orthopedic device giant is thinking differently about medical product development and how health care providers and patients will ultimately use them. The DeviceTalks Boston panel of Stryker […]
Vocera
Stryker closes Vocera Communications acquisition
Stryker (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 […]
Stryker to acquire Vocera Communications for $3.1B
Stryker (NYSE:SYK) announced today that it entered into a definitive merger agreement to acquire Vocera Communications (NYSE:VCRA). Kalamazoo, Michigan-based Stryker agreed to acquire all issued and outstanding shares of common stock of Vocera for $79.25 per share, reaching a total equity value of approximately $2.97 billion and a total enterprise value of roughly $3.09 billion. […]
Globus Medical files for IPO | Wall Street Beat
Globus Medical filed for an initial public offering yesterday, saying it’s planning a reverse split of its existing stock just before the IPO launches.
The Audubon, Pa.-based orthopedic device maker, which ran afoul of the FDA last month, said it hopes to trade under the "GMED" ticker on the New York Stock Exchange.