M&A Deal Summary

Boston Scientific Acquires IntElect Medical

On January 5, 2011, Boston Scientific acquired medical products company IntElect Medical for 78M USD

Acquisition Highlights
  • This is Boston Scientific’s 10th transaction in the Medical Products sector.
  • This is Boston Scientific’s 29th largest (disclosed) transaction.
  • This is Boston Scientific’s 14th transaction in the United States.
  • This is Boston Scientific’s 1st transaction in Massachusetts.

M&A Deal Summary
Date 2011-01-05
Target IntElect Medical
Sector Medical Products
Buyer(s) Boston Scientific
Deal Type Add-on Acquisition
Deal Value 78M USD

Target

IntElect Medical

Boston, Massachusetts, United States
Intelect Medical, Inc. is a development-stage company located in Boston. Intelect Medical is developing advanced neuromodulation technologies for deep brain stimulation (DBS) therapy.

Search 193,240 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

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 17 of 62
Sector (Medical Products) 10 of 48
Type (Add-on Acquisition) 17 of 48
State (Massachusetts) 1 of 5
Country (United States) 14 of 47
Year (2011) 2 of 5
Size (of disclosed) 29 of 32
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-01-04 Sadra Medical

Los Gatos, California, United States

Sadra Medical is dedicated to developing innovative new therapies for the treatment of aortic valve disease. By developing minimally invasive alternatives to traditional surgical valve replacement, the company seeks to help improve patient care and make valve replacement possible for broader range of patients.

Buy $386M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-02-15 ReVascular Therapeutics

Sunnyvale, California, United States

Revascular Therapeutics, Inc. operates as an arterial occlusion treatment company. It develops percutaneous medical devices to reopen occluded vessels. The company develops technology for the intravascular treatment of complex lesions and total occlusions. Revascular Therapeutics, Inc. was incorporated in 1999 and is headquartered in Sunnyvale, California.

Buy -
Mergr

Product

Company

Legal