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Boston Scientific to acquire Penumbra for $14.5B

PUBLIC · BSXFeb 19, 2026

Acquiring Company

Boston Scientific

Acquired Company

Penumbra

MarlboroughAlamedaManufacturingBiotechnologyHealth CareMedicalMedical DeviceBiotechnologyHealth CareMedical

Description

On January 15, 2026, Boston Scientific announced its agreement to acquire Penumbra for approximately $14.5 billion. The deal is structured as 73% cash and 27% stock, aiming to enhance Boston Scientific's position in the neurovascular market. Penumbra's innovative thrombectomy technology is expected to significantly contribute to Boston Scientific's growth strategy.

Quick answer

Boston Scientific is acquiring Penumbra for $14.5 billion, announced February 19, 2026. Boston Scientific is based in Marlborough, Massachusetts, United States.

How much did Boston Scientific pay for Penumbra?
The reported deal value is $14.5 billion.
What does Boston Scientific do?
Boston Scientific transforms lives through innovative medical solutions that improve the health of patients around the world.
Where are Boston Scientific and Penumbra based?
Boston Scientific is based in Marlborough, Massachusetts, United States. Penumbra is based in Alameda, California, United States.
Who are the decision-makers at Boston Scientific?
Fundz holds 2 contacts at Boston Scientific. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Boston Scientific

Location

300 Boston Scientific Way

Marlborough, Massachusetts, United States

About

Boston Scientific transforms lives through innovative medical solutions that improve the health of patients around the world. As a global medical technology leader for more than 40 years, we advance science for life by providing a broad range of high performance solutions that address unmet patient needs and reduce the cost of healthcare. For more information, visit www.bostonscientific.com and connect on Twitter and Facebook.

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Frequently asked

Who acquired Penumbra?

Penumbra was acquired by Boston Scientific, based in Marlborough. The deal was reported on February 19, 2026. Boston Scientific transforms lives through innovative medical solutions that improve the health of patients around the world. Boston Scientific is publicly traded (BSX) and operates in Manufacturing.

When did Boston Scientific acquire Penumbra?

Boston Scientific's acquisition of Penumbra was reported on February 19, 2026. On January 15, 2026, Boston Scientific announced its agreement to acquire Penumbra for approximately $14.5 billion. The deal is structured as 73% cash and 27% stock, aiming to enhance Boston Scientific's position in the neurovascular market. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Penumbra do?

Penumbra, Inc., the world's leading thrombectomy company, is focused on developing the most innovative technologies for challenging medical conditions such as ischemic stroke, venous thromboembolism such as pulmonary embolism, and acute limb ischemia. It is privately held, operating in Biotechnology, and is based in Alameda.

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