Acquiring Company
Medtronic plc
Acquired Company
SPR Therapeutics
MinneapolisClevelandManufacturingBiotechnologyHealth CareMedicalMedical DeviceBiotechnologyHealthcareHealth CareMedicalMedical DeviceDescription
Medtronic plc announced its intent to acquire SPR Therapeutics, Inc. for approximately $650 million. This acquisition aims to enhance Medtronic's Neuromodulation portfolio with temporary peripheral nerve stimulation technology. The deal will enable earlier intervention for patients suffering from chronic pain. The transaction is subject to customary closing conditions and regulatory approvals.
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When Medtronic plc changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Medtronic plc raises, hires an executive or expands, scored against what you sell
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Frequently asked
Who acquired SPR Therapeutics?
SPR Therapeutics was acquired by Medtronic plc, based in Minneapolis. The deal was reported on May 20, 2026. Medtronic plc is the leading global healthcare technology company headquartered in Dublin, Ireland. Medtronic plc is publicly traded (MDT) and operates in Manufacturing.
When did Medtronic plc acquire SPR Therapeutics?
Medtronic plc's acquisition of SPR Therapeutics was reported on May 20, 2026. Medtronic plc announced its intent to acquire SPR Therapeutics, Inc. for approximately $650 million. This acquisition aims to enhance Medtronic's Neuromodulation portfolio with temporary peripheral nerve stimulation technology. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does SPR Therapeutics do?
SPR Therapeutics is a Cleveland, OH-based private medical device company focused on treating pain and improving the quality of life for patients managing acute or chronic pain. It is privately held, operating in Biotechnology, and is based in Cleveland.
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