M&A Deal Summary

St. Jude Medical Acquires LightLab Imaging

On July 6, 2010, St. Jude Medical acquired medical products company LightLab Imaging for 90M USD

Acquisition Highlights
  • This is St. Jude Medical’s 11th transaction in the Medical Products sector.
  • This is St. Jude Medical’s 13th largest (disclosed) transaction.
  • This is St. Jude Medical’s 9th transaction in the United States.
  • This is St. Jude Medical’s 1st transaction in Massachusetts.

M&A Deal Summary
Date 2010-07-06
Target LightLab Imaging
Sector Medical Products
Buyer(s) St. Jude Medical
Deal Type Add-on Acquisition
Deal Value 90M USD

Target

LightLab Imaging

Westford, Massachusetts, United States
LightLab Imaging, Inc., based in Westford MA, is the world’s leading manufacturer and marketer of Optical Coherence Tomography (OCT) for coronary imaging applications. LightLab’s OCT systems and imaging catheters are cleared for sale in 40 countries in Europe, Asia, the Middle East and North and South America.

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Buyer(S) 1

Buyer

St. Jude Medical

Saint Paul, Minnesota, United States

website

Category Company
Founded 1976
Sector Medical Products
Employees18,000
Revenue 5.5B USD (2016)
DESCRIPTION
Entrance to St. Jude Medical's corporate headquarters in St. Paul, Minnesota.
Entrance to St. Jude Medical's corporate headquarters in St. Paul, Minnesota.

St. Jude Medical, Inc. is a medical device manufacturer dedicated to transforming the treatment of most expensive, epidemic diseases. St. Jude Medical five major areas of focus that include heart failure, atrial fibrillation, neuromodulation, traditional cardiac rhythm management and cardiovascular. St. Jude Medical was formed in 1976 and is based in St. Paul, Minnesota.

DEAL STATS #
Overall 11 of 18
Sector (Medical Products) 11 of 17
Type (Add-on Acquisition) 11 of 17
State (Massachusetts) 1 of 2
Country (United States) 9 of 15
Year (2010) 1 of 3
Size (of disclosed) 13 of 14
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-12-22 MediGuide

Haifa, Israel

MediGuide (Delaware, USA & Haifa, Israel) - an Israeli based company (originally spun off from Elbit Systems - NASDAQ: ESLT and got its first investment from Vitalife VC during 2001), is the provider of technology, solutions and applications for intra body navigation and less invasive procedures with a special focus on cardiology. Based on its proprietary gMPS technology, MediGuide brings the ability to navigate gMPS Enabled Devices (catheters, wires and other devices equipped with a sub millimeter gMPS sensor) in the MPS Ready Cathlab environment, co-developed by MediGuide in collaboration with the leading imaging companies.

Buy $138M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-09-07 CardioMEMS

Atlanta, Georgia, United States

CardioMEMS is a provider of medical devices focused on the application of MicroElectroMechanical Systems (MEMS) technology to create innovative, implantable devices for the diagnosis and management of chronic diseases. The Company markets the EndoSure Wireless Sensor for monitoring aortic aneurysms and is developing a similar implantable device for monitoring congestive heart failure. CardioMEMS was founded in 2000 and is based in Atlanta, Georgia.

Buy -
Mergr

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