Tech Company M&A Transactions
SightLine Technologies Acquisition
Headquartered in Haifa, SightLine Technologies was acquired by Stryker. Stryker said the transaction price was $150 million.
Transaction Overview
Company Name
Acquired By
Announced On
3/20/2006
Transaction Type
M&A
Amount
$150,000,000
M&A Terms
Sightline Technologies Ltd., which has developed an endoscopic system for early diagnosis of tumors in the digestive tract, is about to be acquired by US medical device company Stryker Corporation (NYSE:SYK) for $150 million in cash and shares.
Company Information
Company Status
Acquired or Merged
Industry
Medical Devices & Instruments
Mailing Address
Advanced Technology Center Matam
Haifa, 3100401
Israel
Haifa, 3100401
Israel
Phone
Undisclosed
Email Address
Not Recorded
Overview
SightLine is developing diagnostic and treatment systems for tumors in the large intestine.
Management Team
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