Medtech Insight

Zimmer Biomet Mirrors Medtronic's Robotics Move With Medtech SA

19 Jul 2016

Zimmer Biomet will gain through a $130m deal a spine-surgery robot that may be able to compete in the emerging minimally invasive spine surgery segment. The technology will also complement Zimmer Biomet’s other recent acquisition in spine surgery devices.

Zimmer Biomet Holdings Inc. has signed a definitive agreement to acquire French robotics company Medtech SA for about $130m, the companies announced July 18.

The Medtech deal is Zimmer Biomet’s fifth acquisition of 2016. (Also see " MNA ANALYSIS: Cardio And Ortho Billion-Buck...