# Olympus to acquire Veran Medical Technologies for up to USD 340 million

Olympus Corporation announced an agreement to acquire Veran Medical Technologies, Inc., a provider of interventional pulmonology devices, for up to USD 340 million, through its subsidiary Olympus Corporation of the Americas.

- Type: Acquisition
- Announced: 2020-04-12
- Where: Center Valley, Pennsylvania, United States
- Value: $340.0M
- Status: announced
- Products: interventional pulmonology devices, electromagnetic navigation system, bronchoscopy systems
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Olympus Corporation of the Americas](https://endata.com/companies/23901.md) (acquirer)
- [Olympus](https://endata.com/companies/30528.md) (acquirer)
- [Veran Medical Technologies, Inc.](https://endata.com/companies/46504.md) (target)

## Sources

- [stockopedia.com](https://www.stockopedia.com/share-prices/olympus-TYO:7733/news/rcs-olympus-corporation-olympus-acquires-veran-medical-technologies-inc-urn:newsml:reuters.com:20201204:nRSD5943Ha/), 2020-04-12: "We are very excited about acquiring VMT because its portfolio of devices will complement our product portfolio and further strengthen our position in respiratory medical devices."

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