Smith & Nephew acquires robotics maker for $275M and stops the takeover talk

Smith & Nephew Shrugs Off Buyout Talk With $275M Blue Belt Technologies Acquisition (MedDeviceOnline)
Smith & Nephew, British-based orthopedics giant, has expanded its foothold in the surgical robotics market with the $275 million acquisition of U.S.-based Blue Belt Technologies and its Navio robotics system. By combining its next-generation products with robotic technology, Smith & Nephew hopes to expand its market share and explore new surgical indications — all under the shadow of chatter about a potential takeover by Johnson & Johnson or Stryker.
Blue Belt Technologies — a ...