Medtronic buys deep brain stimulation firm


Medtronic (NYSE:MDT) acquires privately-held Dutch firm Sapiens Steering Brain Stimulation for ~$200M in cash. The company is developing a deep brain stimulation system with 40 individual stimulation points. It its designed to allow more precise stimulation of the target while reducing the potential for side effects.

Medtronic will integrate Sapiens into its neuromodulation business.

From other sites
Comments (1)
  • dawndale
    , contributor
    Comments (34) | Send Message
     
    Again, it makes sense to invest in companies that have a history of getting it right and MDT does this. But along with them, it is also good to invest in companies that reach your "heart" whose goal sits well in your beliefs and you are willing to hang in there, sometimes for years. It falls into the category of doing something - just because it is the right thing to do.
    26 Aug 2014, 07:35 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs