Medtronic acquires RF Surgical Systems for $235M

Medtronic buys RF Surgical Systems for $235 milllion
website RF Surgical
Medtronic has agreed to acquire California-based medical-device maker RF Surgical Systems for $235 million. Dublin-based Medtronic is looking to broaden its offerings to include products designed to detect surgical items and prevent them from being accidentally left inside patients.
The deal is expected to be completed next month with additional terms of the acquisition not disclosed Monday.
RF Surgical develops products like surgical sponges, gauze and towels that emit low-frequency radio signals to track them if left in...