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Johnson & Johnson (J&J) completes $12.5 Billion Acquisition of Shockwave Medical to Strengthen Cardiac Health Solutions

Apr 05, 2024•over 1 year ago

Acquiring Company

Johnson & Johnson (J&J)

Acquired Company

ShockWave Medical, Inc.

New BrunswickSanta ClaraMedical DeviceMedicalBiotechnologyHealth CareTherapeuticsMedical DeviceMedicalBiotechnologyHealth Care

Description

Johnson & Johnson (J&J) reaffirms its commitment to advancing cardiac health solutions with the strategic acquisition of Shockwave Medical for $12.5 billion. This acquisition underscores J&J's dedication to expanding its portfolio in treating heart diseases and enhances its position in the competitive medical device market.

Company Information

Company

Johnson & Johnson (J&J)

Location

New Brunswick, New Jersey, United States

About

Johnson & Johnson (J&J) is a renowned multinational corporation in the medical device industry, dedicated to advancing healthcare through its innovative products and solutions. With a strong focus on cardiac health, J&J continues to expand its portfolio by strategically acquiring companies with cutting-edge technologies and solutions.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed