M&A Deal Summary

Boston Scientific Acquires Devoro Medical

On September 21, 2021, Boston Scientific acquired medical products company Devoro Medical

Acquisition Highlights
  • This is Boston Scientific’s 42nd transaction in the Medical Products sector.
  • This is Boston Scientific’s 44th transaction in the United States.
  • This is Boston Scientific’s 24th transaction in California.

M&A Deal Summary
Date 2021-09-21
Target Devoro Medical
Sector Medical Products
Buyer(s) Boston Scientific
Deal Type Add-on Acquisition

Target

Devoro Medical

Fremont, California, United States
website
Devoro Medical is a developer of the WOLF Thrombectomy Platform. The innovative non-console and lytic-free WOLF technology targets and rapidly capture blood clots using finger-like prongs that retrieve and remove thrombi in the arterial and venous systems. Devoro Medical was founded in 2018 and is based in Fremont, California.

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Buyer(S) 1

Buyer

Boston Scientific

Marlborough, Massachusetts, United States

website

Category Company
Founded 1979
Sector Medical Products
Employees45,000
Revenue 12.7B USD (2022)
DESCRIPTION
Entrance to Boston Scientific's corporate headquarters in Marlborough, Massachusetts.
Entrance to Boston Scientific's corporate headquarters in Marlborough, Massachusetts.

Boston Scientific is a medical technology company. Boston Scientific's products and technologies are used to diagnose or treat a wide range of medical conditions, including heart, digestive, pulmonary, vascular, urological, women's health, and chronic pain conditions. Boston Scientific was founded in 1979 and is based in Marlborough, Massachusetts.

DEAL STATS #
Overall 56 of 62
Sector (Medical Products) 42 of 48
Type (Add-on Acquisition) 44 of 48
State (California) 24 of 25
Country (United States) 44 of 47
Year (2021) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-03 Lumenis Surgical Business

Yokneam, Israel

Lumenis' Surgical Business includes premier laser systems, fibers, and accessories used for urology and otolaryngology procedures.

Buy $1.1B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-06 Baylis Medical

Montreal, Quebec, Canada

Baylis Medical is a developer and marketer of high-technology medical devices used in the fields of interventional cardiology and interventional radiology. The company’s core expertise lies in electrosurgical systems that are used to deliver various therapeutic treatments. Baylis Medical was founded in 1986 and is based in Montreal, Quebec.

Buy $1.8B
Mergr

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