On April 5, Stryker completed its acquisition of Physio-Control.
Here are five key notes:
1. The transaction is expected to be slightly accretive to the company's 2016 adjusted net earnings per diluted share and accretive thereafter.
2. Physio-Control manufactures and markets monitors and defibrillators, automated external defibrillators and CPR-assist devices along with data management and support services.
3. Shortly after completing the Physio-Control acquisition Stryker announced plans to acquire SafeWire to build upon the company's minimally invasive spine product line.
4. Stryker acquired Physio-Control for $1.28 billion.