M&A Deal Summary

Thoratec Acquires Thermo Cardiosystems

On February 2, 2001, Thoratec acquired medical products company Thermo Cardiosystems for 572M USD

Acquisition Highlights
  • This is Thoratec’s 1st transaction in the Medical Products sector.
  • This is Thoratec’s largest (disclosed) transaction.
  • This is Thoratec’s 1st transaction in the United States.
  • This is Thoratec’s 1st transaction in Massachusetts.

M&A Deal Summary
Date 2001-02-02
Target Thermo Cardiosystems
Sector Medical Products
Buyer(s) Thoratec
Deal Type Add-on Acquisition
Deal Value 572M USD

Target

Thermo Cardiosystems

Waltham, Massachusetts, United States
Thermo Cardiosystems, Inc.,is a manufacturer of blood coagulation testing, skin incision and cardiac assist devices.

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Buyer(S) 1

Buyer

Thoratec

Pleasanton, California, United States
Category Company
Founded 1976
Sector Medical Products
Employees950
Revenue 503M USD (2013)
DESCRIPTION

Thoratec Corporation is a medical device company with a product portfolio for treating advanced heart failure patients. Thoratec develops, manufactures and markets proprietary medical devices used for circulatory support. Thoratec Corporation was established in 1976 and is headquartered in Pleasanton, California.

DEAL STATS #
Overall 1 of 5
Sector (Medical Products) 1 of 5
Type (Add-on Acquisition) 1 of 2
State (Massachusetts) 1 of 1
Country (United States) 1 of 2
Year (2001) 1 of 1
Size (of disclosed) 1 of 5
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-01-25 Getinge-Heart Pump Technology

Sweden

Getinge-Heart Pump Technology, a minimally invasive, acute cardiac axial flow pump.

Buy $9M
Mergr

Product

Company

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