Corindus is said to be one of the major companies that provide robotic treatment platforms for major vascular therapeutic markets. Siemens Healthineers to Acquire Corindus Vascular Robotics ... Siemens acquires Corindus Vascular Robotics for $1.1B ... Siemens Healthineers will acquire all issued and outstanding shares of common stock of Corindus Vascular Robotics, Corindus announced this month.. Register to receive a free Surgical Robotics . It looks like Siemens Healthineers is keen on diving into the medical robotics space. Earlier this month, Siemens Healthineers entered into a definitive agreement to acquire Waltham, Massachusetts-based Corindus for $4.28 per share in cash. According to a press release issued by the companies, Corindus makes . Please complete the form below and a member of our Clinical team will contact you. Under the terms of the agreement, Siemens Healthineers will acquire all fully diluted shares of Corindus for $4.28 per share in cash or $1.1 billion in total. The transaction has been approved by . NEO New Oncology AG acquired by Siemens Healthineers . Corindus Vascular Robotics, the Israeli-founded developer of precision vascular robotics has entered into a definitive agreement to be acquired by German medtech company Siemens Healthineers, the medical robotics company announced last week. Siemens Healthineers announced that it has acquired Corindus Vascular Robotics. Siemens Healthineers will acquire all issued and outstanding shares of common stock of Corindus Vascular Robotics, Corindus announced this month.. -- October 25, 2019 At a special meeting today, stockholders of Corindus . Siemens Healthineers AG, a leader in medical technology, has acquired Corindus Vascular Robotics Inc. for $1.1 billion. The latter acquired all issued and outstanding stock of Corindus for $4.28 a share — a price a Minnesota stock portfolio manager characterized as a great deal for Siemens. May 17, 2016 . Corindus Vascular Robotics has entered into a definitive merger agreement to be acquired by Siemens Healthineers AG. Corindus develops, produces and sells robotic systems for minimally invasive procedures, while Siemens' products use quality imaging before and . Corindus Vascular Robotics Announces Definitive Agreement to Be Acquired by Siemens Healthineers --Corindus Stockholders to Receive $4.28 Per Share -- -- All-Cash Transaction Valued at . WALTHAM, Mass.--(BUSINESS WIRE)--Corindus Vascular Robotics (NYSE American: CVRS), a leading developer of precision vascular robotics, today announced that it has entered into a definitive merger agreement to be acquired by Siemens Healthineers AG.Under the terms of the merger agreement, Siemens Medical Solutions, a wholly-owned subsidiary of Siemens Healthineers AG, a German stock listed . Corindus . Siemens Medical Solutions, a medical technology company and a wholly-owned subsidiary of Siemens Healthineers AG, will acquire all issued and outstanding shares of common stock of Corindus. Siemens and Corindus Vascular Robotics have signed a definitive merger deal worth about $1.1 billion — with each share of the . The transaction is expected to be closed by end of 2019, subject to Corindus shareholder approval, receipt of regulatory approvals, and other customary closing conditions. Corindus is currently headquartered in Waltham, MA. Medical technology firm Siemens Healthineers has completed the acquisition of Corindus Vascular Robotics for around $1.1bn. Stockholders Approve Acquisition by Siemens Healthineers Business Wire WALTHAM, Mass. Siemens Healthineers has made its first major acquisition since becoming independent last March, and it has made quite an outlay to do it. Siemens Healthineers recently acquired Corindus a growing medical device company which has developed a unique robotic system to be used during percutaneous coronary, peripheral and neuro vascular procedures in the interventional suite. WALTHAM, Mass., — August 8, 2019 — Corindus Vascular Robotics, Inc. [NYSE American: CVRS], a leading developer of precision vascular robotics, today announced that it has entered into a definitive merger agreement to be acquired by Siemens Healthineers AG. Corindus Vascular Robotics acquired by Siemens Healthineers AG for $1.1 Billion Corindus Vascular Robotics Announces Definitive Agreement to Be Acquired by Siemens Healthineers -- Corindus . The company was formerly known as Navicath, Ltd. Corindus was founded in 2002 and In August 2019, the company acquired Corindus Vascular Robotics, Inc. (NYSE: CVRS), a global… Siemens Healthineers AG completed the acquisition of 100 percent of Corindus Vascular Robotics, Inc. effective October 29, 2019. Berlin-based Siemens Healthineers has closed its $1.1bn acquisition of US-based Corindus Vascular Robotics. Fast Track Diagnostics acquired by Siemens Healthineers . Written by 2020HCP.com.Posted in News. The $1.1bn cash it is paying for Corindus Vascular Robotics comes in at a 77% premium to the company's share price and is 37x next year's forecast sales. Siemens Medical Solution, a subsidiary of Siemens Healthineers, is slated to acquire all issued and outstanding common stock in Corindus for $4.28 apiece in… The engineering giant says the acquisition of Corindus is a "strategically significant extension of Siemens . Under the terms of the merger agreement, Siemens Medical Solutions, a wholly-owned subsidiary of Siemens Healthineers AG, a German stock listed company, will acquire all issued and outstanding shares of common stock of Corindus for $4.28 per share in cash, representing an aggregate purchase price of approximately $1.1 billion. Prior to the closing of the acquisition, Corindus held a shareholders' meeting on October 25, 2019, at which 87.5 percent of their stockholders approved the acquisition. The deal is valued at $4.28 per share in cash or $1.1bn in total. Under the terms of the definitive merger agreement, Siemens Medical Solutions will acquire all issued and outstanding shares of common stock of Corindus for $4.28 per share in cash, representing an aggregate purchase price of approximately $1.1 billion.
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