Globes: superDimension in acquisition talks for $300m
Published on Mar 13 2012 // Business and Financial News
March 13, 2012–Pulmonary devices maker superDimension Inc. is in advanced talks with a major medical devices company to be acquired for over $300 million. superDimension, founded 16 years ago, has $30 million in annual sales.
It is believed that the buyer is Covidien plc (NYSE: COV), a spin off of Tyco International Ltd. (NYSE: TYC), which invested in superDimension’s last financing round…Read More>>
