Stryker to acquire Invuity for $190 million

Stryker has announced a definitive agreement to acquire Invuity, Inc. for $7.40 per share, or a total equity value of approximately $190 million. Invuity is a leader in advanced photonics and single-use lighted instruments for surgical applications.

“Invuity's portfolio of innovative products is highly complementary to the Surgical portfolio of Stryker's Instruments business.”investors.stryker.com

• 3 sources
• investors.stryker.comStryker - Stryker announces definitive agreement to acquire Invuity, Inc.Sep 11, 2018
• globenewswire.comStryker acquires HyperBranch Medical Technology, Inc.Stryker CorporationOct 1, 2018
• beckersspine.comMedtronic, Globus Medical & more: 9 device company mergers, acquisitions and agreements - Becker’s Spine ReviewBy: StaffOct 8, 2018

Summarized from public sources; check the original articles before acting on it.