Big Medtech Acquisitions You Need To Know About
The medical device industry’s mergers and acquisitions spree is not showing any sign of abating. Here are four top deals from the past week:
1. Creating One of the Largest Medtech OEM Suppliers
Greatbatch (Frisco, TX) announced Thursday that it will pay $1.73 billion to acquire Lake Region Medical (Wilmington, MA). Officials at the two companies described their respective offerings as complementary. Greatbatch develops and makes medical device technologies for the cardiac, neuromodulation, vascular, and orthopedic markets—as well as batteries for high-end niche applications. Lake Region Medical brings products from concept to point-of-care in the cardio and vascular and advanced surgical markets.
The deal, expected to close in the fourth quarter of 2015, will create one of the world’s largest OEM suppliers, according to the companies.
Hey, check out all the engineering jobs. Post your resume today!
1. Creating One of the Largest Medtech OEM Suppliers
Greatbatch (Frisco, TX) announced Thursday that it will pay $1.73 billion to acquire Lake Region Medical (Wilmington, MA). Officials at the two companies described their respective offerings as complementary. Greatbatch develops and makes medical device technologies for the cardiac, neuromodulation, vascular, and orthopedic markets—as well as batteries for high-end niche applications. Lake Region Medical brings products from concept to point-of-care in the cardio and vascular and advanced surgical markets.
The deal, expected to close in the fourth quarter of 2015, will create one of the world’s largest OEM suppliers, according to the companies.
Hey, check out all the engineering jobs. Post your resume today!