Zimmer Holdings (NYSE:ZMH) agreed to acquire Synvasive Technology, a Reno, Nev.-based maker of surgical saws and cutting tools, for an undisclosed sum.
Warsaw, Ind.-based Zimmer will roll Synvasive’s StableCut surgical saw blades and eLibra knee balancing systems into its reconstructive division, which includes ZMH’s knees, hips and extremities business. That division brought in $417 million during the company’s most recent fiscal quarter.
"Zimmer is committed to developing the industry’s most innovative range of technologies to support personalized therapies, from improved surgical power equipment to patient specific instrumentation and other intelligent tools that support optimal surgical outcomes," Zimmer Reconstructive president Jeff McCaulley said in a prepared release. "The acquisition of Synvasive Technology further strengthens our surgical resection and advanced instrumentation offerings."