Smith & Nephew has agreed to acquire ArthroCare for $1.7 billion or $48.25 per share in cash. The acquisition will strengthen Smith & Nephew's global sports medicine business. ArthroCare is an Austin, Texas-based medical device company.
More Articles on Devices:
Orthopedic Device Market to Be Worth $41.2B by 2019
Mazor Robotics Schedules Q4, Year-End Financial Results Conference Call
Dr. Isador Lieberman Performs 250 Surgeries With Mazor Robotics Spine Technology