Wright Medical acquires IMASCAP SAS for up to €75.1M
Dec. 14, 2017 4:32 PM ETWright Medical Group N.V. (WMGI)By: Douglas W. House, SA News Editor
- Wright Medical Group (NASDAQ:WMGI) has acquired Plouzane, France-based IMASCAP SAS for as much as €75.1M (US$88.8M) in cash and stock.
- Under the terms of the transaction, Wright will pay €39.7M in cash, €13.2M in common stock and €22.2M in earn-outs and milestones related to new software modules and a future implant system.
- IMASCAP develops software solutions used for preoperative planning of shoulder replacement surgery. Its Glenosys technology is the preoperative software behind Wright's BLUEPRINT 3D planning software.