Medtronic Acquires PEAK Surgical for $105,000,000

  • Feed Type
  • Date
    7/8/2011
  • Company Name
    PEAK Surgical
  • Mailing Address
    2464 Embarcadero Way Palo Alto, CA 94303
  • Company Description
    PEAK Surgical, Inc. is an early stage medical device company developing novel electrosergical instrumentation.
  • Website
    http://www.peaksurgical.com
  • Transaction Type
    M&A
  • Transaction Amount
    $105,000,000
  • Transaction Round
  • Proceeds Purposes
  • M&A Terms
    The total value of the transaction is $120 million. Medtronic had previously invested in PEAK and currently holds an ownership stake in the company. Net of this ownership stake, the transaction value is approximately $105 million.

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