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ConMed Makes Play For SurgiQuest To Prop Up Surgery Business

ConMed announced a definitive agreement to acquire the privately held SurgiQuest for $265 million, citing the firm's AirSeal laparoscopic access management technology as a key get for its struggling surgery business.

ConMed Corp. expects SurgiQuest Inc.’s AirSeal laparoscopic access management technology will help turn around its flagging Advanced Surgery device business once it closes its acquisition of SurgiQuest in early 2016.

On Nov. 16, ConMed announced a definitive agreement to acquire the privately held SurgiQuest for $265 million and hopes to complete the deal in the first quarter of 2016. The...

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