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NuVasive To Expands Global Presence, Pediatric Portfolio With Ellipse Buy

On Jan. 5, NuVasive said it agreed to buy Ellipse in a deal that is expected to be complete by the end of February. NuVasive will pay an additional $30 million in 2017 if Ellipse's portfolio meets certain revenue targets.

On Jan. 5, NuVasive said it agreed to buy Ellipse in a deal that is expected to be complete by the end of February. NuVasive will pay an additional $30 million in 2017 if Ellipse's portfolio meets certain revenue targets.

"The acquisition fits into NuVasive's portfolio of innovative spinal procedure solutions while also leveraging NuVasive's large sales distribution," said William Plovanic, an analyst with Canaccord Genuity investment company. "Additionally, Ellipse's...

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