Medtronic plc (Dublin, Ireland) acquired Aircraft Medical (Edinburgh, Scotland) for $110 million in cash. Aircraft Medical is a privately held medical device company that develops affordable, handheld high-quality video laryngoscopes used by anesthesiologists and critical care professionals to intubate patients. Medtronic will report revenue from the Aircraft Medical product line as part of its Patient Monitoring & Recovery division within the Minimally Invasive Therapies Group. Additional terms of the acquisition were not disclosed.
Market Pulse transactions shown herein are provided as a matter of public record. These transactions have been compiled from press releases, corporate announcements and other public sources to provide an overview of acquisition and merger activities within the healthcare and life sciences sectors.