M&A Deal Summary

Guidant Acquires Everolimus Eluting/Biosensors International/

On January 3, 2003, Guidant acquired medical products company Everolimus Eluting/Biosensors International/

Acquisition Highlights
  • This is Guidant’s 2nd transaction in the Medical Products sector.
  • This is Guidant’s 1st transaction in Singapore.

M&A Deal Summary

Date 2003-01-03
Target Everolimus Eluting/Biosensors International/
Sector Medical Products
Buyer(s) Guidant
Deal Type Add-on Acquisition

Target

Everolimus Eluting/Biosensors International/

Singapore, Singapore
Biosensors International, a healthcare equipment company based in Singapore developing, manufacturing and commercializing medical devices used in interventional cardiology and critical care procedures.

Search 204,717 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

Guidant

Indianapolis, Indiana, United States

Category Company
Founded 1994
Sector Life Science
DESCRIPTION

Guidant Corporation pioneers lifesaving technology, giving an opportunity for better life today to millions of cardiac and vascular patients worldwide. The company, driven by a strong entrepreneurial culture of more than 10,000 employees, develops, manufactures and markets a broad array of products and services that enable less invasive care for some of life's most threatening medical conditions.


DEAL STATS #
Overall 3 of 4
Sector (Medical Products) 2 of 3
Type (Add-on Acquisition) 3 of 4
Country (Singapore) 1 of 1
Year (2003) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1999-08-30 CardioThoracic Systems

Cupertino, California, United States

CardioThoracic Systems, Inc. is a developer of proprietary technologies for use in less invasive cardiac surgery.

Buy $313M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2004-02-10 AFx

Fremont, California, United States

AFx (Fremont) is a privately held company based in Fremont, Calif. Its team of 40 employees has pioneered a proprietary microwave technology for cardiac surgery procedures. AFx (Fremont) is based in Fremont, California.

Buy $45M