# Stryker to acquire NOVADAQ Technologies for $701 million

Stryker Corporation announced a definitive agreement to acquire NOVADAQ Technologies Inc. for US$11.75 per share, or US$701 million (net purchase price US$654 million). NOVADAQ is a developer of fluorescence imaging technology for surgical procedures.

- Type: Acquisition
- Announced: 2017-06-19
- Where: Mississauga, Canada
- Value: $701.0M
- Status: announced
- Products: fluorescence imaging technology
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Stryker](https://endata.com/companies/15355.md) (acquirer)
- [NOVADAQ Technologies Inc.](https://endata.com/companies/24980.md) (target)

## Sources

- [stryker.com](https://www.stryker.com/us/en/about/news/2017/stryker-announces-definitive-agreement-to-acquire-novadaq-techno.html), 2017-06-19: "Stryker Corporation announced today a definitive agreement to acquire NOVADAQ Technologies Inc."
- [reuters.com](https://www.reuters.com/article/business/novadaq-enters-into-agreement-to-be-acquired-by-stryker-idUSFWN1JG0AS/), 2017-06-19: "Novadaq enters into agreement to be acquired by stryker corporation"
- [osler.com](https://www.osler.com/en/about-us/representative-work/stryker-corporation/), 2017-06-19: "On September 1, 2017, Stryker Corporation completed the acquisition of NOVADAQ Technologies Inc. for US$701 million."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.