1. Home >
  2. M&A >
  3. Add-on Acquisition >
  4. United States >
  5. Massachusetts >
  6. Olympus Acquires Spirus Medical

M&A Deal Summary

Olympus Acquires Spirus Medical

On July 1, 2011, Olympus acquired medical products company Spirus Medical

Acquisition Highlights
  • This is Olympus’ 2nd transaction in the Medical Products sector.
  • This is Olympus’ 4th transaction in the United States.
  • This is Olympus’ 2nd transaction in Massachusetts.

M&A Deal Summary
Date 2011-07-01
Target Spirus Medical
Sector Medical Products
Buyer(s) Olympus
Deal Type Add-on Acquisition

Target

Spirus Medical

West Bridgewater, Massachusetts, United States
Spirus Medical, Inc. is an endoscope insertion device manufacturer. Spirus' endoluminal platform technology utilizes a spiral element on a tubular device that produces forward motion, gathering and stabilization within anatomical lumens of the body.

Search 214,107 Deals Now

SEARCH BY

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

Try Free

Buyer(S) 1

Buyer

Olympus

Shinjuku-ku, Japan
Category Company
Founded 1919
Sector Medical Products
Employees29,297
Revenue 997.3B JPY (2025)
DESCRIPTION
Olympus facility in Brooklyn Park, Minnesota.
Olympus facility in Brooklyn Park, Minnesota.

Olympus is a diverse manufacturer and seller of precision electronics, machinery, and instruments. Olympus manufactures medical products, including endoscopic video imaging systems, endoscopy products for gastroenterological surgery, and endo-therapy products. Olympus was founded in 1919 and is based in Shinjuku-ku, Japan.

DEAL STATS #
Overall 7 of 15
Sector: Medical Products M&A 2 of 8
Type: Add-on Acquisition M&A Deals 6 of 13
State: Massachusetts M&A 2 of 2
Country: United States M&A 4 of 6
Year: 2011 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-02-01 Stryker Biotech - OP-1 Product Family

Lebanon, New Hampshire, United States

Stryker Biotech - OP-1 Product Family includes OP-1 Implant, OP-1 Putty, Opgenra and Osigraft, all of which are indicated for use in orthopedic bone applications.

Buy $60M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-09-01 ITX

Yokohama, Japan

ITX Corp. is a manufacturer of electrical equipment.

Sell -
Mergr

Solution for

Product

Company

Legal