KARL STORZ completes acquisition of Asensus Surgical, Inc. to strengthen its position in robotic and digital surgical market
Acquiring Company
KARL STORZ
Acquired Company
Asensus Surgical
Baden-Württemberg
DurhamInformation TechnologyBiotechnologyHealth CareMedicalMedical DeviceBiotechnologyHealth CareMedicalMedical DeviceDescription
Asensus Surgical, Inc. (NYSE American: ASXC) has announced the closing of the merger with the KARL STORZ Group. Under the terms of the merger agreement, KARL STORZ Endoscopy-America, Inc., a wholly owned direct subsidiary of KARL STORZ, has acquired all outstanding shares of Asensus Surgical for $0.35 per share in cash, making Asensus Surgical a subsidiary of KARL STORZ.
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Frequently asked
Who acquired Asensus Surgical?
Asensus Surgical was acquired by KARL STORZ, based in Baden-Württemberg. The deal was reported on August 22, 2024. KARL STORZ is a leading family-owned medical technology company focused on endoscopic technology and imaging solutions across various surgical specialties. KARL STORZ is privately held and operates in Information Technology.
When did KARL STORZ acquire Asensus Surgical?
KARL STORZ's acquisition of Asensus Surgical was reported on August 22, 2024. Asensus Surgical, Inc. (NYSE American: ASXC) has announced the closing of the merger with the KARL STORZ Group. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Asensus Surgical do?
Asensus Surgical, Inc. is a medical device company focused on digitizing the interface between the surgeon and the patient. It is privately held, operating in Biotechnology, and is based in Durham.
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