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Stryker acquires Israeli company Surpass Medical for $100mm up front, $35mm in earn-outs
22 Oct 2012
Executive Summary
Stryker Corp. (surgical implants and equipment, endoscopic and spinal devices, and neurotechnology) is paying $100mm up front in cash for Surpass Medical Ltd., a private Israeli neurovascular device company, which is also entitled to $35mm in earn-outs.
Deal Industry
- Medical Devices
-
Medical Devices
- Implantable Devices
-
Surgical Equipment & Devices
- Minimally or Less Invasive
Deal Status
- Final
Deal Type
-
Acquisition
- Full Acquisition
- Includes Earnout
- Payment Includes Cash
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