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BioWorld - Friday, May 22, 2026
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Home » Medtronic to buy Mazor Robotics in $1.64B deal
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Medtronic to buy Mazor Robotics in $1.64B deal

Sep. 24, 2018
By Liz Hollis
After remaining relatively quiet on the M&A front, Dublin-based Medtronic plc reported late Thursday that it had entered a deal to buy Mazor Robotics Ltd., of Caesarea, Israel, for about $1.64 billion in cash, with an eye toward enhancing its technologies for spine surgery. The transaction builds on a relationship initiated in May 2016 under a strategic and equity investment agreement between the two companies.
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