Medtronic To Acquire Salient Surgical Technologies, Inc. (press release)
The numbers...
$535M total price
Price = 5.3 X annual sales of $100M
Medtronic previously owned 8.5% of Salient
MINNEAPOLIS--(BUSINESS WIRE)--Medtronic, Inc. (NYSE: MDT) today announced that it has entered into a definitive agreement to acquire Salient Surgical Technologies, Inc., the leader in the advanced energy category for haemostatic sealing of soft tissue and bone in a variety of surgical procedures including orthopaedic surgery, spine, open abdominal and thoracic procedures. Salient’s AQUAMANTYS® syste...
