# Intersect ENT to acquire Fiagon AG Medical Technologies for €60 million

Intersect ENT agreed to acquire Fiagon AG Medical Technologies, a leader in electromagnetic surgical navigation solutions, for €60 million in cash, with payments over three years.

- Type: Acquisition
- Announced: 2020-09-15
- Where: Germany
- Value: $71.0M (60.0M EUR)
- Status: announced
- Products: electromagnetic surgical navigation systems, sinuplasty balloon
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Intersect ENT](https://endata.com/companies/49913.md) (acquirer)
- [Fiagon AG Medical Technologies](https://endata.com/companies/49914.md) (target)

## Sources

- [businesswire.com](https://www.businesswire.com/news/home/20200915005715/en/Intersect-ENT-Announces-Agreement-to-Acquire-Fiagon-AG-Medical-Technologies-for-%E2%82%AC60-Million-Paid-Over-Three-Years), 2020-09-15: "Fiagon represents a strategic technology acquisition for Intersect ENT that immediately expands our portfolio of ENT product offerings, complements our existing PROPEL and SINUVA sinus implants and helps extend our geographic reach."

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