Tech Company M&A Transactions
Veran Medical Technologies Acquisition
Veran Medical Technologies, operating out of St. Louis, was purchased by Olympus Medical. Olympus Medical said the transaction price was $340 million.
Transaction Overview
Company Name
Acquired By
Announced On
12/8/2020
Transaction Type
M&A
Amount
$340,000,000
M&A Terms
The most significant part of this deal is that we will secure immediate access to VMT's unique electromagnetic navigation system with proprietary devices to build a stronger future respiratory product portfolio.
Company Information
Company Status
Acquired or Merged
Industry
Medical Devices & Instruments
Mailing Address
1908 Innerbelt Business Center Dr.
St. Louis, MO 63114
USA
St. Louis, MO 63114
USA
Phone
Website
Email Address
Overview
Veran Medical Technologies is a privately held image-guided medical device company focused on developing the next standard of care for minimally invasive delivery of interventional oncology therapies. Veran provides proprietary 4D registration capability for precise targeting of lesions via its FDA cleared platform.
Management Team
Title
Name
Email & Social
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We do our best to record all VC transactions involving tech companies. VC transactions reported here are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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