ArthoCare buys out a tissue repair startup, Eleven Blade Solutions, for $7M

ArthoCare buys out Calif.'s Eleven Blade (Austin Business Journal)
Medical device maker ArthroCare Corp.has reached a $7 million stock purchase agreement with a similar California company.
Austin-based ArthroCare (Nasdaq: ARTC) disclosed Friday the agreement to buy all the issued and outstanding capital stock of Eleven Blade Solutions Inc., according to a filing with the U.S. Securities and Exchange Commission.
Eleven Blade, which doesn't appear to have a website, will receive certain contingent consideration after the closing based on the net sales of the company’s products using the Q-Fix im...