Three things to know:
1. The $52 million acquisition includes all the issued and outstanding common shares of the company, including existing indebtedness.
2. TSO3 President and CEO Ric Rumble said the deal will provide the Quebec City, Canada-based company with the resources to achieve its full potential.
3. Stryker acquired Mobius Imaging and its sister company Cardan Robotics for $500 million in October and OrthoSpace for $110 million in March.
More articles on devices:
EOS imaging to launch new system at RSNA Annual Meeting in Chicago
Aurora Spine, Alphatec & more: 9 device company notes
PE-backed orthopedic company acquires 4 implant portfolios from Surgical Frontiers
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.
