Analyst: Latest Stryker deal is more than “just another tuck-in acquisition” (MedCityNews)
Don't mistake Stryker's latest $500 million deal in the spine market as a simple tuck-in acquisition, says one analyst while another says it could help Stryker give Medtronic a run for its money.
On Wednesday, orthopedics company Stryker announced that it was buying Mobius Imaging and its sister company, GYS Tech, (which does business as Cardan Robotics), for $370 million upfront cash and up to $130 million in milestone payments.
Per Stryker’s announcement Mobius Imaging, founded in 2...
