Tech Company M&A Transactions
Confluent Surgical Acquisition
On 7/18/2006, Confluent Surgical was acquired by Tyco International. The transaction price was $245 million.
Transaction Overview
Company Name
Acquired By
Announced On
7/18/2006
Transaction Type
M&A
Amount
$245,000,000
M&A Terms
Tyco International Ltd. (NYSE: TYC; BSX: TYC) today announced that U.S. Surgical, a subsidiary of Tyco's Healthcare segment, entered into a definitive agreement to acquire Confluent Surgical, Inc., The transaction is priced at $245 million. The Boards of Tyco International and Confluent Surgical have approved the transaction, which is expected to close by the end of August.
Company Information
Company Status
Acquired or Merged
Industry
Medical Devices & Instruments
Mailing Address
101A First Ave
Waltham, MA 02451
USA
Waltham, MA 02451
USA
Phone
Website
Email Address
Not Recorded
Overview
Confluent Surgical, Inc. is a privately held company developing products based on its proprietary technology of in-situ polymerized hydrogels and associated delivery systems for the field of biosurgery. Confluent is developing products to address the need for surgical sealing and post-surgical adhesion prevention applications.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Amar Sawhney
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Our team works diligently to report on all VC transactions involving tech companies. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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