Tech Company M&A Transactions
NeoTract Acquisition
Headquartered in Pleasanton, NeoTract was bought by Teleflex. The transaction price was $1.1 billion.
Transaction Overview
Company Name
Acquired By
Announced On
9/5/2017
Transaction Type
M&A
Amount
$1,100,000,000
M&A Terms
Under the terms of the agreement, Teleflex will acquire NeoTract for an upfront cash payment of $725 million at closing, and up to an additional $375 million upon the achievement of certain commercial milestones related to sales through the end of 2020.
Company Information
Company Status
Acquired or Merged
Industry
Medical Devices & Instruments
Mailing Address
4473 Willow Rd. 100
Pleasanton, CA 94588
USA
Pleasanton, CA 94588
USA
Phone
Website
Email Address
Overview
NeoTract, Inc. is dedicated to developing innovative, minimally invasive and clinically effective devices that address unmet needs in the field of urology.
Management Team
Title
Name
Email & Social
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We do our best to report on every notable VC transaction. All VC database entries reported here come from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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