Medtronic, Inc. To Scoop Up Corventis For At Least $150 Million

Medtech titan Medtronic is reportedly looking to acquire remote monitoring devices maker Corventis in a deal that could be worth at least $150 million. Medical device industry giant Medtronic (NYSE:MDT) is reportedly in talks to acquire wearable sensor maker Corventis in a deal worth upward of $150 million, according to a report from MobiHealthNews. The companies have yet to announce any agreement, but the report claims news of the acquisition will be made in the coming weeks.

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