Tech Company M&A Transactions
Vertelink Acquisition
Vertelink was purchased by Medtronic. The transaction was announced on 11/12/2003. Deal value was $22 million.
Transaction Overview
Company Name
Acquired By
Announced On
11/12/2003
Transaction Type
M&A
Amount
$22,000,000
M&A Terms
Medtronic will pay $22 million in cash for all stock of privately held Vertelink, which was founded in 2000. Additional payments will be made as regulatory milestones are met. Further financial terms of the transaction were not disclosed.
Company Information
Company Status
Acquired or Merged
Industry
Medical Devices & Instruments
Mailing Address
30 Hughes 206
Irvine, CA 92618
USA
Irvine, CA 92618
USA
Phone
Website
Email Address
Not Recorded
Overview
Vertelink Corporation has developed a minimally invasive alternative to open spinal surgery. Our Spinal Technology (ST) is the first truly interventional therapeutic approach to the treatment of spinal disease.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Shahram Hejazi
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