This article is more than 5 years old. Information may no longer be current.

Medtronic to acquire Peak Surgical Inc.

Add topic to email alerts

Receive an email when new articles are posted on

Please provide your email address to receive an email when new articles are posted on .

Subscribe

Added to email alerts

You've successfully added to your alerts. You will receive an email when new content is published.

Click Here to Manage Email Alerts

You've successfully added to your alerts. You will receive an email when new content is published.

Click Here to Manage Email Alerts

Back to Healio

We were unable to process your request. Please try again later. If you continue to have this issue please contact customerservice@slackinc.com.

Back to Healio

Medtronic Inc. has announced entry into a definitive agreement to acquire Peak Surgical Inc., with a total transaction value of $120 million.

Peak Surgical Inc. specializes in surgical instruments based on its proprietary PlasmaBlade technology, which consists of disposable cutting devices with proprietary insulation for surgical and bleeding control.

“We are excited about this opportunity to bring our companies together and further broaden Medtronic Surgical Technologies’ portfolio of innovative surgical products to meet customer and patient needs worldwide,” Chris O’Connell, executive vice president and president of Medtronic’s Restorative Therapies Group, stated in a company press release. “Peak’s advanced energy cutting technologies complement our existing surgical product line, strengthening our core offerings and enabling us to offer surgeons and patients a full spectrum of leading products across the entire surgical continuum.”