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Stryker Signs a Definitive Agreement to Acquire Vocera Communications for ~$3.09B

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Stryker Signs a Definitive Agreement to Acquire Vocera Communications for ~$3.09B

Stryker Signs a Definitive Agreement to Acquire Vocera Communications for ~$3.09B

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

Click here to­ read the full press release 

Tuba Khan

Tuba Khan is Senior Editor at PharmaShots. She is curious, creative, and passionate about recent updates and innovation in the Life sciences industry. She covers Biopharma, MedTech, and Digital health segments. Tuba also has an experience of digital and social media marketing and runs the campaigns independently. She can be contacted on tuba@pharmashots.com

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