Augmedics may have just grabbed the deal of the century.
A quick background and three thoughts.
Background:
Surgalign spent $125M to acquire HOLO ($42M in cash and shares paid at closing, plus potential future milestone payments of up to $83 million). Then Surgalign spent 2 years getting HOLO to commercialization. I am going to guess that Surgalign had about $100M total invested in HOLO. Augmedics just bought HOLO assets for $900,000.
The HOLO Portal
HOLO Portal combines artificial intelligence and augmented reality guidance in spine surgery. It received FDA clearance fo...
