# Medtronic to acquire Intersect ENT for $1.1 billion

Medtronic plc will acquire all outstanding shares of Intersect ENT for $28.25 per share in an all-cash transaction, implying an enterprise value of approximately $1.1 billion.

- Type: Acquisition
- Announced: 2021-08-06
- Where: United States
- Value: $1.10B
- Status: announced
- Products: PROPEL sinus implants, SINUVA sinus implants
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Medtronic plc](https://endata.com/companies/19071.md) (acquirer)
- [Intersect ENT](https://endata.com/companies/49913.md) (target)

## Sources

- [news.medtronic.com](https://news.medtronic.com/2021-08-06-Medtronic-to-Acquire-Intersect-ENT), 2021-08-06: "This acquisition directly aligns with our commitment to delivering continuous innovation that helps ENT patients."

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