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Medtronic adds neurostimulation capabilities in $200mm purchase of Sapiens

Executive Summary

As it prepares to close in the fourth quarter of this year its $47.5bn purchase of Covidien PLC (the largest device acquisition to date), Medtronic Inc. made its third smaller takeover in the meantime, privately held neurostimulation start-up Sapiens Steering Brain Stimulation BV, for $200mm in cash.
Deal Industry
  • Medical Devices
  • Medical Devices
    • Implantable Devices
Deal Status
  • Final
Deal Type
  • Acquisition
    • Full Acquisition
    • Payment Includes Cash

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