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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 31st 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.

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Buyer(S) 1

Buyer

Boston Scientific

Marlborough, Massachusetts, United States
Category Company
Founded 1979
Sector Medical Products
Employees48,000
Revenue 16.7B USD (2024)
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 that offers products and technologies used to diagnose and 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 68
Sector: Medical Products M&A 10 of 52
Type: Add-on Acquisition M&A Deals 17 of 53
State: Massachusetts M&A 1 of 7
Country: United States M&A 14 of 53
Year: 2011 M&A 2 of 5
Size (of disclosed) 31 of 34
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

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