Medtronic buys deep brain stimulation firm

|About: Medtronic plc (MDT)|By:, SA News Editor

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.