Add-on Acquisition • Healthcare Services

Boston Scientific Acquires Remon Medical Technologies

On June 25, 2007, Boston Scientific acquired healthcare services company Remon Medical Technologies

Acquisition Context
  • This is Boston Scientific’s 3rd transaction in the Healthcare Services sector.
  • This is Boston Scientific’s 1st transaction in Israel.

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M&A Deal Summary

Date June 25, 2007
Target Remon Medical Technologies
Sector Healthcare Services
Buyer(s) Boston Scientific
Deal Type Add-on Acquisition

Target Company

Remon Medical Technologies

Caesarea, Israel
Remon Medical Technologies Inc., is a privately held company based in Caesarea, Israel.
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Buyer Overview 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 Context for Buyer #
Overall 12 of 70
Sector: Healthcare Services 3 of 8
Type: Add-on Acquisition 12 of 54
Country: Israel 1 of 4
Year: 2007 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-01-05 EndoTex Interventional Systems

Cupertino, California, United States

EndoTex Interventional Systems, Inc. is a medical device company provides carotid artery stent.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-11-05 Boston Scientific - Cardiac Surgery & Vascular Surgery Businesses

United States

Boston Scientific Corp. - Cardiac Surgery & Vascular Surgery Businesses is a developer of medical technologies designed for use in surgical cardiac procedures, including beating-heart bypass surgery systems and endoscopic vessel harvesting for coronary bypass surgery.

Sell $750M