Stryker and CMR Surgical announce strategic alliance to advance robotic-assisted surgery
Stryker announced a strategic alliance with CMR Surgical anchored by an approximately $400 million (£300 million) preferred equity investment in the privately held robotics maker. The deal grants Stryker an exclusive option to acquire 100% of CMR Surgical's outstanding equity and makes Stryker the exclusive U.S. sales agent for the Versius surgical robot portfolio.
Key figures
- Deal Value Usd
- 400000000
- Investment gbp
- £300 million
- Acquisition option
- exclusive option to acquire 100% of CMR Surgical's outstanding equity
AI analysis
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