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Article: MEDTRONIC ACQUIRES MICRO INTERVENTIONAL SYSTEMS, INC., EXPANDING NEURO BUSINESS INTO MINIMALLY INVASIVE BRAIN THERAPIES
- Article from:
- PR Newswire
- Article date:
- November 2, 1995
CopyrightCOPYRIGHT 1995 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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MINNEAPOLIS, Nov. 2 /PRNewswire/ -- In another significant expansion of its Neurological Business, Medtronic, Inc. (NYSE: MDT) announced today that it had signed a definitive agreement to acquire Micro Interventional Systems, Inc., of Sunnyvale, Calif. The acquisition is expected to be completed this month.
Micro Interventional Systems (MIS) is a rapidly emerging provider of products for the minimally invasive treatment of stroke and for treating disease in other parts of the body accessible through small blood vessels.
The transaction will be an exchange of stock. Further financial details were not disclosed.
MIS offers broad lines of catheters, ...