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Stryker Announces The Acquisition Of Gauss Surgical

Sep 08, 2021over 4 years ago

Acquiring Company

Stryker

Acquired Company

Gauss Surgical

KalamazooHealth Care

Description

Stryker announced today that it has completed the acquisition of Gauss Surgical*. Headquartered in Menlo Park, CA, Gauss Surgical is a medical device company that has developed TritonTM, an artificial intelligence-enabled platform for real-time monitoring of blood loss during surgery. Triton has demonstrated improvements in maternal and surgical care through earlier recognition of hemorrhage leading to earlier intervention.

Company Information

Company

Stryker

Location

Kalamazoo, Michigan, United States

About

Stryker is a global leader in medical technologies and, together with our customers, we are driven to make healthcare better. We offer innovative products and services in MedSurg, Neurotechnology and Orthopaedics that help improve patient and healthcare outcomes. Alongside our customers around the world, we impact more than 150 million patients annually.

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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