Medtronic hears call of latest acquisition target Sophono
This article was originally published in Clinica
Executive Summary
Medtronic has made its second acquisition of 2015, purchasing hearing implant developer Sophono for an undisclosed fee. The Boulder, Colorado-based company, which specializes in magnetic, minimally-invasive, low-profile hearing implants, will join Medtronic’s Surgical Technologies business, part of its Restorative Therapies group.