# Medtronic closes $1.7B acquisition of Mazor Robotics

Medtronic closed its $1.7 billion acquisition of Mazor Robotics, and announced FDA 510(k) clearance for the jointly developed Mazor X Stealth device.

- Type: Acquisition
- Announced: 2018-12-19
- Where: United States
- Value: $1.70B
- Status: completed
- Products: Mazor X Stealth, robot-assisted surgery platform
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Medtronic plc](https://endata.com/companies/19071.md) (acquirer)
- [Mazor Robotics](https://endata.com/companies/19072.md) (target)

## Sources

- [massdevice.com](https://www.massdevice.com/medtronic-closes-1-7b-mazor-robotics-buy/), 2018-12-19: "With today's announcement, in bringing the two companies together Medtronic aims to accelerate the advancement and adoption of robotic-assisted surgery in spine."

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