Tech Company M&A Transactions
Ardian Acquisition
Ardian was purchased by Medtronic. The transaction was announced on 11/22/2010. Purchase price was estimated to be $800 million.
Transaction Overview
Company Name
Acquired By
Announced On
11/22/2010
Transaction Type
M&A
Amount
$800,000,000
M&A Terms
The agreement calls for Medtronic to make an up front cash payment of $800 million, plus commercial milestones equal to the annual revenue growth through the end of Medtronic's fiscal year 2015.
Company Information
Company Status
Acquired or Merged
Industry
Medical Devices & Instruments
Mailing Address
1810A Embarcadero Rd.
Palo Alto, CA 94303
USA
Palo Alto, CA 94303
USA
Phone
Website
Email Address
Overview
Ardian is in development on a congestive heart failure medical device.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Andrew Cleeland
Chief Financial Officer
Timothy Kahlenberg
Chief Medical Officer
Paul Sobotka
Vice President
Scott Wilson
VP - R & D
Denise Zarins
VP - Regulatory Affairs
Craig Straley
VP - Sales
Gregory Bakan
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We report on every notable VC transaction. VC investment data records reported here come from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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