Stryker (NYSE:SYK) has agreed to acquire privately held Mobius Imaging, LLC and its sister company GYS Tech, LLC (doing business as Cardan Robotics) for $370M in upfront cash plus up to $130M in development and commercial milestones.
The company says the transaction provides it with immediate entry into the intraoperative imaging segment and aligns with its implant and navigation offerings.
The deal should close next quarter. It will not have a material impact on Stryker’s net earnings this year.
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