Smith & Nephew completes acquisition of optical tracking technology innovator Atracsys Sàrl (press release)
Smith & Nephew plc (LSE:SN, NYSE:SNN), the global medical technology business, today announces it has completed the acquisition of Atracsys Sàrl, the Switzerland-based provider of optical tracking technology used in computer-assisted surgery. The acquisition supports Smith & Nephew’s long-term commitment to develop its multi-asset digital surgery and robotics ecosystem to empower surgeons and improve clinical outcomes.
Atracsys’ fusionTrack 500 optical tracking camera will be a core enabling technology for Smith & Nephew’s next-generation robotics platform, due for commercial release in 2020. The fusionTrack 500 offers superior measurement speed and latency performance, supporting reduced procedure times, as well as increased accuracy resulting in finer precision surgical tasks, such as bone cuts, compared to existing tracking technology.
The commercial terms of the acquisition have not been disclosed.
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