Shots:

• Stryker to acquire all outstanding shares of common stock of Vocera for $79.25/share making a total equity value of ~$2.97B and a total enterprise value of ~$3.09B. The acquisition is expected to close in Q1’22
• The acquisition will add Stryker's medical division to address the increasing need for hospitals to connect caregivers along with providing various data-generating medical devices
• Vocera’s software and hardware solutions complement Stryker’s advanced digital healthcare offerings. Additionally, the combined business will bolster Stryker’s focus to prevent adverse events throughout the continuum of care

Ref: Globe Newswire | Image: PR Newswire