Volcano acquires Pioneer Plus catheter from Medtronic

Volcano (VOLC) acquires the Pioneer Plus diagnostic ultrasound transducer and percutaneous catheter from Medtronic (MDT).

The Pioneer Plus has regulatory clearance in the U.S and Europe as well as other geographies.

The transaction is slated to close by the end of August.

No additional details of the transaction were disclosed.

MDT +0.6% AH.

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