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Stryker Charges Up EMS Business With Billion-Dollar Buy Of Physio-Control

Automated external defibrillator firm Physio-Control will sit in Stryker's existing Emergency Medical Services business once the $1.28 billion acquisition is complete. The expanded division will be "the segment leader in EMS equipment,” Stryker says.

Stryker Corp. announced its second billion-dollar-plus acquisition this month with an agreement to buy emergency equipment maker Physio-Control Inc. from Bain Capital for $1.28 billion.

Once the acquisition is complete, expected by the beginning of the second quarter, Physio-Control will sit in Stryker's existing Emergency Medical Services business. The expanded division will be "the segment...

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