Email
Menu News Products Video Webinars White Papers EDU

Medtronic Acquires Visualase for $105M

MINNEAPOLIS, July 28, 2014 — Medical device giant Medtronic Inc. has acquired Visualase Inc. of Houston for $105 million.

Visualase, which had been privately held, is the creator of an FDA-approved MRI-guided laser and image-guided system for minimally invasive neurosurgery, including surgical thermal ablation. This technology will be added to Medtronic’s surgical technology business.

Medtronic said it expects the net impact from this transaction to be neutral to fiscal 2015 earnings and accretive thereafter.

For more information, visit www.medtronic.com.


The ability to post comments on Photonics.com is one benefit of a FREE Photonics.com membership.

Please login or register, for FREE, to post comments:

Login Register


Facebook Twitter Google+ RSS Mobile Apps