Stryker (SYK) announced a definitive agreement to purchase instrument manufacturer Invuity (IVTY) in a transaction valued at US $190MM and expected to close in 4Q18.
Invuity has a portfolio of single-use, lighted instruments that deliver enhanced visualization for several applications, including orthopaedic arthroplasty and spine. Founded in 2004, Invuity’s Intelligent Photonics® devices provide direct visualization of the surgical cavity, enabling enhanced precision.
This is Stryker’s second M&A announcement of 3Q18 after last month’s acquisition of K2M.
Stryker (SYK) announced a definitive agreement to purchase instrument manufacturer Invuity (IVTY) in a transaction valued at US $190MM and expected to close in 4Q18.
Invuity has a portfolio of single-use, lighted instruments that deliver enhanced visualization for several applications, including orthopaedic arthroplasty and spine. Founded in...
Stryker (SYK) announced a definitive agreement to purchase instrument manufacturer Invuity (IVTY) in a transaction valued at US $190MM and expected to close in 4Q18.
Invuity has a portfolio of single-use, lighted instruments that deliver enhanced visualization for several applications, including orthopaedic arthroplasty and spine. Founded in 2004, Invuity’s Intelligent Photonics® devices provide direct visualization of the surgical cavity, enabling enhanced precision.
This is Stryker’s second M&A announcement of 3Q18 after last month’s acquisition of K2M.
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