Stryker acquires Sightline, enters new gastro market
This article was originally published in Clinica
Executive Summary
Stryker has acquired Sightline Technologies, an Israeli development stage company focused on flexible endoscope technology, in a transaction valued at around $140m. The move will allow Stryker to expand its existing endoscopy business into the gastroenterology segment, Sightline's main market and a new playing field for the Kalamazoo, Michigan firm.