Teleflex Acquires HotSpur Technologies for $15,000,000

  • Feed Type
  • Date
    7/19/2012
  • Company Name
    HotSpur Technologies
  • Mailing Address
    880 Maude Ave. Mountain View, CA 94043
  • Company Description
    Hotspur Technologies is a leading developer of catheter-based technologies aimed at restoring blood flow for patients with obstructed vessels. The company’s products are based on unique and groundbreaking technology that opens blood vessels more efficiently and less invasively
  • Website
    http://www.hotspur-inc.com
  • Transaction Type
    M&A
  • Transaction Amount
    $15,000,000
  • Transaction Round
  • Proceeds Purposes
  • M&A Terms
    Teleflex has acquired Hotspur Technologies for an upfront payment of $15 million. Teleflex may be required to make certain additional payments based upon the achievement of certain regulatory and revenue milestones over the next several years.

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