The second quarter of the 2014 calendar year, or first quarter of the 2015 fiscal year, was big for several device companies, with mergers, acquisitions, new product releases and rumors to go around. Medtronic acquired medical device company Covidien and announced plans to move headquarters overseas in a tax inversion strategy that gained national attention. The company’s spine business revenue continued a steady decrease, but Medtronic isn’t losing sleep over this; the company set its sights on other aspects of the business and so far in the second quarter of FY 2015 acquired two new companies. The second quarter was exciting for Medtronic, but even bigger quarters could be ahead.
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