Tech Company M&A Transactions
Sadra Medical Acquisition
Sadra Medical was bought by Boston Scientific. The transaction was announced on 11/19/2010. The parties disclosed the acquisition price to be $386 million.
Transaction Overview
Company Name
Acquired By
Announced On
11/19/2010
Transaction Type
M&A
Amount
$386,000,000
M&A Terms
As a result of the Company's existing 14 percent ownership of Sadra, the actual upfront cash payment by the Company will be $193 million plus additional potential milestone payments up to $193 million.
Company Information
Company Status
Acquired or Merged
Industry
Medical Devices & Instruments
Mailing Address
160 Knowles Drive
Los Gatos, CA 95032
USA
Los Gatos, CA 95032
USA
Phone
Website
Email Address
Overview
Sadra Medical is dedicated to developing innovative new therapies for the treatment of aortic valve disease. By developing minimally invasive alternatives to traditional surgical valve replacement, the company seeks to help improve patient care and make valve replacement possible for broader range of patients. Treatment of aortic valve disease remains a significant and growing unmet clinical need.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ken Martin
Vice President
Lori Adels
Vice President
Dave Paul
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Where The Data Comes From
We do our best to document all VC transactions involving tech companies. VC investment data records reported here are derived from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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