M&A Deal Summary

Abbott Laboratories Acquires Oximetrix

On June 20, 1985, Abbott Laboratories acquired medical products company Oximetrix

Acquisition Highlights
  • This is Abbott Laboratories’ 1st transaction in the Medical Products sector.
  • This is Abbott Laboratories’ 1st transaction in the United States.
  • This is Abbott Laboratories’ 1st transaction in California.

M&A Deal Summary
Date 1985-06-20
Target Oximetrix
Sector Medical Products
Buyer(s) Abbott Laboratories
Deal Type Add-on Acquisition

Target

Oximetrix

Mountain View, California, United States
Oximetrix, Inc. is a Maker Of Intravenous Pumps that provides continuous monitoring of blood oxygen levels in critically ill patients.

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Buyer(S) 1

Buyer

Abbott Laboratories

North Chicago, Illinois, United States

website

Category Company
Founded 1888
Sector Medical Products
Employees113,000
Revenue 43.1B USD (2021)
DESCRIPTION
Entrance to Abbott's corporate campus in Abbott Park, Illinois.
Entrance to Abbott's corporate campus in Abbott Park, Illinois.

Abbott Laboratories is a diversified, global provider of diagnostics, medical devices, nutrition and pharmaceuticals. Abbott Laboratories was incorporated in 1888 and is headquartered in North Chicago, Illinois.

DEAL STATS #
Overall 1 of 33
Sector (Medical Products) 1 of 18
Type (Add-on Acquisition) 1 of 33
State (California) 1 of 13
Country (United States) 1 of 25
Year (1985) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1996-03-30 Medisense

Waltham, Massachusetts, United States

Medisense Inc. is a provider of kits that allow diabetes patients to test their blood glucose levels.

Buy $876M
Mergr

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