Medtronic to Acquire Mazor Robotics

Medtronic (MDT) entered into a definitive agreement to acquire Mazor Robotics for US $1.64BB in cash in a transaction that is slated to close in January 2019. For 2017, Mazor posted revenue of ~$65.0MM, +78.7% vs. 2016.

The announcement is not surprising, given their relationship that began in 2016 with a multi-phase commercial agreement for...

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Julie Vetalice is ORTHOWORLD's Editorial Assistant. She has covered the orthopedic industry for over 20 years, having joined the company in 1999.

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