Healthcare M&A » By The Online Investor Staff, updated Thu., Jan. 21, 12:33 PM
Recent mergers and acquisitions in the Healthcare M&A category.
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Slide #79. Stryker Corporation — Pivot Medical, Inc.
Acquirer:
Stryker Corporation (NYSE:SYK)
Acquiree:
Pivot Medical, Inc.
Details:
Stryker Corporation (NYSE:SYK) announced today the completion of its previously announced acquisition of Pivot Medical, Inc. (Pivot). Pivot is a privately held business selling innovative products for hip arthroscopy with operating facilities in Sunnyvale, CA.
Stryker is a medical technology company. Co. provides products and services in orthopaedics, medical and surgical, and neurotechnology and spine. Co.'s Orthopaedics products consist of implants used in hip and knee joint replacements and trauma and extremities surgeries. Co.'s MedSurg products include surgical equipment and navigation systems, endoscopic and communications systems, patient handling, emergency medical equipment and intensive care disposable products, reprocessed and remanufactured medical devices and other medical device products used in a range of medical specialties. Co.'s Neurotechnology and Spine products include neurosurgical, neurovascular, and spinal implant devices.
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Avg. Broker Rec.
 
|
Buy (3.28 out of 4) 45th percentile
(ranked lower than approx. 55% of all stocks covered)
Analysts' Target Price: SYK Stock Forecast Based on Zacks ABR data; powered by Xignite |
