MergerLinks Header Logo

Announced

Completed

Boston Scientific completed the acquisition of Preventice Solutions for $1.2bn.

Synopsis

Boston Scientific, a global medical technology firm, completed the acquisition of Preventice Solutions, a provider of mobile cardiac health solutions and services, for $1.2bn, comprising of an upfront cash payment of $925m, and an additional $300m in a potential commercial milestone payment. "We are confident that by adding the broad technology portfolio and expertise of Preventice, our combined teams can continue to deliver rapid growth in these highly-attractive markets while also establishing an important adjacency to our core cardiac rhythm management and electrophysiology businesses," Scott Olson, Boston Scientific Senior Vice President and President of Rhythm Management.

Show Details & Financials

Market Context

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US