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
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