logo
Intelligence
Tracking
Tools
logo
Intelligence
Tracking
Tools

Nido Surgical Announces The Acquisition Of Sepia Device

Apr 25, 2022•over 3 years ago

Acquiring Company

NIDO Surgical

Acquired Company

SEPIA Device

Health CareMedia And Entertainment

Description

NIDO Surgical announced today the acquisition of its innovative epicardial ablation technology, SEPIA (Solution for Epicardial Ablation), by an undisclosed medical device company involved in the electrophysiology space. As part of the transaction, the buyer has agreed to accelerate product development of the device.

Company Information

Company

NIDO Surgical

About

NIDO (Boston, MA) is a medical device company developing SEPIA, an innovative solution for cardiac epicardial ablation. It was co-founded by Pedro del Nido, Chairman of Cardiovascular Surgery at Boston Children's Hospital and William E. Ladd Professor of Child Surgery at Harvard Medical School, and Nikolay Vasilyev, U.S. Senior Medical Director, Surgical Portfolio and Pipeline at Pfizer and former assistant professor of surgery at Harvard Medical School. SEPIA will allow direct and real-time visualization of the epicardial surface and provide better stability and control to an ablation catheter. Ultimately, SEPIA will reduce complications and improve ablation efficiency, leading to decreased recurrence of arrhythmias post-ablation; today about 50%. SOURCE NIDO Surgical

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