Tech Company M&A Transactions
SpineCore Acquisition
On 7/21/2004, SpineCore was acquired by Stryker. Stryker said the transaction price was $120 million.
Transaction Overview
Company Name
Acquired By
Announced On
7/21/2004
Transaction Type
M&A
Amount
$120,000,000
M&A Terms
Terms of the transaction include an upfront payment of $120 million in cash. Stryker has also agreed to make milestone and royalty payments of up to an additional $240 million upon the achievement of commercialization of SpineCore's products in the United States.
Company Information
Company Status
Acquired or Merged
Industry
Medical Devices & Instruments
Mailing Address
475 Springfield Avenue Fourth Floor
Summit, NJ 07901
USA
Summit, NJ 07901
USA
Phone
Undisclosed
Email Address
Not Recorded
Overview
SpineCore has developed artificial disc technology embodied in its FlexiCore(R) lumbar artificial disc and its CerviCore(TM) cervical artificial disc.
Management Team
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