Tech Company M&A Transactions

CoreValve Acquisition

Operating out of Irvine, CoreValve was acquired by Medtronic. The transaction price was $700 million.

Transaction Overview

Company Name
Acquired By
Announced On
2/25/2009
Transaction Type
M&A
Amount
$700,000,000
M&A Terms
The agreement calls for an initial payment of $700 million plus additional payments contingent upon the achievement of agreed milestones.

Company Information

Company Status
Acquired or Merged
Industry
Medical Devices & Instruments
Mailing Address
1 Jenner 100
Irvine, CA 92618
USA
Email Address
Overview
CoreValve - which is headquartered in Paris and has R&D facilities in Irvine, California, has developed a proprietary delivery system for percutaneous heart valve replacement, based on a novel catheter-and-self-expanding-frame approach on a beating heart, thus avoiding open-heart surgery.
Profile
CoreValve LinkedIn Company Profile
Social Media
CoreValve Company Twitter Account
Company News
CoreValve News
Facebook
CoreValve on Facebook
YouTube
CoreValve on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Daniel Lemaitre
  Daniel Lemaitre LinkedIn Profile  Daniel Lemaitre Twitter Account  Daniel Lemaitre News  Daniel Lemaitre on Facebook
Chief Financial Officer
J. MacRae
  J. MacRae LinkedIn Profile  J. MacRae Twitter Account  J. MacRae News  J. MacRae on Facebook
Chief Operating Officer
Rob Michiels
  Rob Michiels LinkedIn Profile  Rob Michiels Twitter Account  Rob Michiels News  Rob Michiels on Facebook
Vice President
Vito Canuso
  Vito Canuso LinkedIn Profile  Vito Canuso Twitter Account  Vito Canuso News  Vito Canuso on Facebook
Vice President
Dolf Meewis
  Dolf Meewis LinkedIn Profile  Dolf Meewis Twitter Account  Dolf Meewis News  Dolf Meewis on Facebook
Vice President
Kalathi Thayagarajan
  Kalathi Thayagarajan LinkedIn Profile  Kalathi Thayagarajan Twitter Account  Kalathi Thayagarajan News  Kalathi Thayagarajan on Facebook
VP - Operations
Stanley Komatsu
  Stanley Komatsu LinkedIn Profile  Stanley Komatsu Twitter Account  Stanley Komatsu News  Stanley Komatsu on Facebook
VP - Operations
Edward Pannek
  Edward Pannek LinkedIn Profile  Edward Pannek Twitter Account  Edward Pannek News  Edward Pannek on Facebook


 

 

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Prev: 2/25/2009: Aster Data venture capital transaction
Next: 2/25/2009: Appirio venture capital transaction

 

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