Zoll buys resuscitation device maker Revivant
This article was originally published in Clinica
Executive Summary
Noninvasive resuscitation specialist Zoll Medical is to acquire Sunnyvale, California-based Revivant, the maker of a device to restore blood flow to sufferers of sudden cardiac arrest. It is exercising an option agreed in August 2003, when Zoll acquired 15% of the company for $7m plus $5m of debt financing.