Tech Company M&A Transactions
Auris Health Acquisition
Operating out of Redwood City, Auris Health was acquired by Johnson & Johnson. The acquisition price was $5.8 billion.
Transaction Overview
Company Name
Acquired By
Announced On
2/13/2019
Transaction Type
M&A
Amount
$5,750,000,000
M&A Terms
Johnson & Johnson (NYSE: JNJ), today announced that Ethicon, Inc., entered into a definitive agreement to acquire Auris Health, Inc. for approximately $3.4 billion in cash. Additional contingent payments of up to $2.35 billion, in the aggregate, may be payable upon reaching certain predetermined milestones.
Company Information
Company Status
Acquired or Merged
Industry
Robotics
Mailing Address
150 Shoreline Dr.
Redwood City, CA 94065
USA
Redwood City, CA 94065
USA
Phone
Website
Email Address
Not Recorded
Overview
Auris Health engages in the development of robotics technology for medical applications. The company designs novel dualarm microsurgical system for ophthalmic surgery. The company was incorporated in 2007.
Management Team
Title
Name
Email & Social
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