# Boston Scientific to acquire Preventice Solutions for up to $1.225 billion

Boston Scientific has entered into a definitive agreement to acquire Preventice Solutions, a provider of mobile cardiac health solutions, for an upfront cash payment of $925 million and up to $300 million in potential milestone payments. Boston Scientific already holds a 22% stake.

- Type: Acquisition
- Announced: 2021-01-21
- Where: United States
- Value: $925.0M
- Status: announced
- Products: ambulatory cardiac monitors, mobile cardiac health solutions
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Baring Private Equity Asia](https://endata.com/companies/5905.md) (investor)
- [Baring Private Equity Asia](https://endata.com/companies/5905.md) (partner)
- [Boston Scientific](https://endata.com/companies/15966.md) (acquirer)
- [Lumenis](https://endata.com/companies/43342.md) (target)
- [Preventice Solutions, Inc.](https://endata.com/companies/52693.md) (target)

## Sources

- [news.bostonscientific.com](https://news.bostonscientific.com/2021-01-21-Boston-Scientific-Announces-Agreement-To-Acquire-Preventice-Solutions-Inc), 2021-01-21: "Boston Scientific today announced that it has entered into a definitive agreement to acquire Preventice Solutions, Inc."
- [news.bloomberglaw.com](https://news.bloomberglaw.com/mergers-and-acquisitions/boston-scientific-to-buy-preventice-for-up-to-1-2-billion), 2021-01-21: "Boston Scientific Corp. agreed to buy Preventice Solutions Inc. in a deal worth as much as $1.2 billion, adding a maker of cardiac health devices and services."
- [prnewswire.com](https://www.prnewswire.com/news-releases/boston-scientific-announces-agreement-to-acquire-lumenis-ltd-surgical-business-from-baring-private-equity-asia-301239385.html), 2021-03-03: "The MOSES laser technology, paired with our LithoVue Single-Use Digital Flexible Ureteroscope and comprehensive kidney stone management portfolio, will enable execution of our strategy for our stone franchise."
- [financialpost.com](https://financialpost.com/pmn/business-pmn/boston-scientific-to-buy-surgical-business-of-lumenis-for-1-07-billion), 2021-03-03: "Medical device maker Boston Scientific Corp said on Wednesday it would buy the global surgical business of privately-held Lumenis Ltd for $1.07 billion in cash from Baring Private Equity Asia."
- [w.theasset.com](https://w.theasset.com/article/43049/theasset.com), 2021-03-04: "Baring Private Equity Asia (BPEA) has agreed to sell Lumenis’ surgical business to Boston Scientific for US$1.07 billion, subject to customary regulatory approvals."

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