Tech Company M&A Transactions
Epicor Medical Acquisition
Headquartered in Sunnyvale, Epicor Medical was acquired by St. Jude Medical. St. Jude Medical said the transaction price was $185 million.
Transaction Overview
Company Name
Acquired By
Announced On
6/8/2004
Transaction Type
M&A
Amount
$185,000,000
M&A Terms
St. Jude Medical, Inc. (NYSE:STJ) announced today that it has completed the acquisition of Epicor Medical Inc.. St. Jude Medical paid $185 million in cash for all of the outstanding capital stock of Epicor Medical, Inc. that it did not already own. In May 2003, St. Jude Medical acquired an initial ownership position in Epicor Medical, Inc. for $15 million in cash.
Company Information
Company Status
Acquired or Merged
Industry
Medical Devices & Instruments
Mailing Address
240 Santa Ana
Sunnyvale, CA 94085
USA
Sunnyvale, CA 94085
USA
Phone
Email Address
Not Recorded
Overview
Epicor Medical, Inc., the leader in the development of High Intensity Focused Ultrasound (HIFU) devices for the surgical ablation of cardiac tissue.
Management Team
Browse more venture capital transactions:
Prev: 6/8/2004: TechTarget venture capital transaction
Next: 6/9/2004: Continuous Computing venture capital transaction
Share this article
About Database of VC Transactions
We do our best to document every notable VC transaction. All VC database entries reported here are derived from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs