# 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.

- Type: Acquisition
- Announced: 2018-09-11
- Where: Kalamazoo, Michigan, United States
- Value: $190.0M
- Status: announced
- Products: advanced photonics, single-use lighted instruments
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Stryker](https://endata.com/companies/15355.md) (acquirer)
- [Invuity](https://endata.com/companies/34267.md) (target)
- [HyperBranch Medical Technology](https://endata.com/companies/34661.md) (target)
- [HyperBranch Medical](https://endata.com/companies/34794.md) (target)

## Sources

- [investors.stryker.com](https://investors.stryker.com/press-releases/news-details/2018/Stryker-announces-definitive-agreement-to-acquire-Invuity-Inc/default.aspx), 2018-09-11: "Invuity's portfolio of innovative products is highly complementary to the Surgical portfolio of Stryker's Instruments business."
- [globenewswire.com](https://www.globenewswire.com/news-release/2018/10/01/1643526/0/en/stryker-acquires-hyperbranch-medical-technology-inc.html), 2018-10-01: "Stryker announced today the acquisition of privately-held HyperBranch Medical Technology, Inc. for a total equity value of approximately $220 million in an all cash transaction."
- [beckersspine.com](https://www.beckersspine.com/spinal-tech/medtronic-globus-medical-more-9-device-company-mergers-acquisitions-and-agreements/), 2018-10-08: "Stryker will acquire HyperBranch Medical for $220 million in an all-cash transaction."

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