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HeartWare Adds Synergy Circulatory Support System With $30 Mil. CircuLite Buy

The acquisition could significantly expand the targeted market base for HeartWare, but first the company will need to re-launch CircuLite’s Synergy in Europe, which experiences a design problem the first time around.

HeartWare International Inc. is acquiring fellow circulatory support device-maker CircuLite Inc. to widen its market focus, but first it will have to help re-launch CircuLite’s Synergy device that experienced design problems the first time around.

HeartWare announced Dec. 1 that it plans to pay $30 million for CircuLite, plus up to $320 million in milestone...

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