Spinal device company Alphatec announced that it will acquire EOS imaging for up to $88 million upfront and $33.9 million in debt retirement incentives. The boards of both companies approved the deal, but Alphatec has not yet issued a time for when the deal will close.
Orthofix signed an asset purchase agreement with German company Wittenstein SE to acquire its Fitbone platform, which has potential applications for early onset scoliosis. The transaction includes $18 million in cash closing considerations and a manufacturing supply contract with Wittenstein SE.
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