|
|
|
|
 |
SAN DIEGO--- Boston Scientific Completes Acquisition of CryoCor |
| Companies mentioned in this article: |
|
CryoCor |
|
| 5/28/2008 @ 4:22 PM
print this article -
email to a friend -
join our eNewsletter
|
 |
Boston Scientific Corporation (NYSE:BSX) and CryoCor, Inc. (NASDAQ:CRYO) today announced that Boston Scientific has completed its acquisition of CryoCor. The transaction follows the definitive agreement announced on April 16. Under the terms of the transaction, all remaining outstanding CryoCor shares are entitled to receive $1.35 per share in cash, for a total of approximately $17.6 million. CryoCor is now an indirect, wholly-owned subsidiary of Boston Scientific.
About Boston Scientific Corporation
Boston Scientific is a worldwide developer, manufacturer and marketer of medical devices whose products are used in a broad range of interventional medical specialties. For more information, please visit: www.bostonscientific.com.
Boston Scientific's Electrophysiology business is a leader in cardiac ablation products designed to treat common cardiac arrhythmias. Its line of Blazer , Blazer XP and Chilli II products are used to treat arrhythmias such as Atrial Flutter and Ventricular Tachycardia. The Electrophysiology business also supplies a complete line of multi-electrode diagnostic catheters, ultrasound (ICE) catheters and accessories.
About CryoCor, Inc.
CryoCor is a medical technology company that has developed and manufactures a disposable catheter system based on its proprietary cryoablation technology for the minimally invasive treatment of cardiac arrhythmias. The Company's product, the CryoCor Cardiac Cryoablation System, or the Cryoablation System, is designed to treat cardiac arrhythmias through the use of cryoenergy, or extreme cold, to destroy targeted cardiac tissue. The Cryoablation System has been approved in Europe for the treatment of atrial fibrillation, and atrial flutter, the two most common and difficult to treat arrhythmias, since 2002. In the United States, CryoCor is conducting a pivotal trial to evaluate the safety and efficacy of the Cryoablation System for the treatment of atrial fibrillation and the Cryoablation System has been approved for the treatment of right atrial flutter. For more information please visit the Company's website at www.cryocor.com/. |
| FreshMoney - California Mergers/Acquisitions/Funding |
|
|
| |
| Monday, October 6, 2008 |
 |
|
SAN JOSE--- eBay Inc. Buys Leading Payments and Classifieds Businesses, Streamlines Existing Organization To Improve Growth Posted 7:07 AM PST
SAN DIEGO--- National Oceanic and Atmospheric Administration Awards $250 Million Contract to SAIC Posted 7:04 AM PST
SAN DIEGO--- Sempra Energy Completes Acquisition of EnergySouth Posted 6:44 AM PST
|
| |
| Friday, October 3, 2008 |
|
|
SUNNYVALE--- Crocus Technology Raises 11.5M Euros to Develop MRAM Technology Posted 12:42 PM PST
SANTA MONICA--- Macerich Announces Over $500 Million of Recent Financing Activity Posted 12:40 PM PST
CARLSBAD--- Isis Announces Award of Up to $8.4 Million in New Government Grants and Contracts to Its Ibis Biosciences Subsidiary for Pathogen Detection and Human Forensics Posted 6:46 AM PST
SAN CARLOS--- Natus Medical Completes Acquisition of NeuroCom International Posted 6:28 AM PST
|
| |
| Thursday, October 2, 2008 |
|
|
SAN FRANCISCO--- Anesiva Secures Financing for Up to $30 Million Posted 3:28 PM PST
ALAMEDA--- In All the Doom and Gloom, Some Good Economic News in Tech Sector: Power Standards Lab Raises $1.5 Million in Private Stock Offering Posted 2:06 PM PST
SAN DIEGO--- Avaak, Inc. Secures $7 Million in Series A Funding Posted 11:07 AM PST
SAN FRANCISCO--- Quantros Acquires Medcast Health Analytics to Expand its Outcomes and Performance Insight Solution Suite Posted 10:47 AM PST
PALO ALTO--- Intradigm Raises $18.5 Million in Series B Financing Posted 10:41 AM PST
SAN DIEGO--- Sempra Energy Completes Acquisition of EnergySouth, Inc. Posted 5:11 AM PST
SAN JOSE--- Secure Computing Completes Acquisition of Securify Posted 5:09 AM PST
|
| |
| Wednesday, October 1, 2008 |
|
|
PALO ALTO--- Ausra Secures $60.6 Million in Funding Posted 3:51 PM PST
MENLO PARK--- Accel-KKR, iTradeNetwork and Amphire Announce Completion of Merger Posted 10:00 AM PST
SAN MATEO--- Zvents Secures $24 Million in Funding From Nokia Growth Partners, AT&T & NAVTEQ Posted 9:56 AM PST
MILPITAS--- Intersil Acquires Kenet, a Performance Leader in High Speed Data Conversion Posted 9:54 AM PST
PALO ALTO--- HP Acquires LeftHand Networks to Extend Leadership in Storage and Virtualization Solutions Posted 7:29 AM PST
BURBANK--- Point.360 to Acquire the Assets of CenterStaging Musical Productions, Inc. Posted 4:43 AM PST
San Diego--- VanceInfo Announces Acquisition of US-based Wireless Info Tech Posted 4:32 AM PST
|
| |
| Tuesday, September 30, 2008 |
|
|
GLENDALE--- Panda Security Acquires German Franchise Posted 2:52 PM PST
SAN JOSE--- Photon Dynamics Announces CFIUS Clearance for Photon Dynamics' Merger With Orbotech Posted 2:50 PM PST
|
| |
| Monday, September 29, 2008 |
|
|
PETALUMA--- Millennium Private Equity Invests in Turin Networks Posted 9:02 AM PST
LAKE FOREST--- Comarco Signs Definitive Agreement to Sell its Wireless Test Solutions Business to Ascom Posted 8:46 AM PST
|
| |
| Friday, September 26, 2008 |
|
|
SUNNYVALE--- Trimble Enters into Definitive Agreement to Acquire TopoSys to Extend Its Geospatial Solutions Business Posted 9:02 AM PST
IRVINE--- ISTA Pharmaceuticals Receives $65 Million Funding Commitment Posted 8:52 AM PST
SANTA CLARA--- Agilent Technologies Announces $1.5 Billion Refinancing Posted 8:49 AM PST
SAN DIEGO--- NASDAQ Grants NextWave Wireless Exception Necessary for $100 Million Financing Posted 8:42 AM PST
CARLSBAD--- Invitrogen Completes Syndication of Financing for Applied Biosystems Acquisition Posted 7:50 AM PST
|
| |
| Thursday, September 25, 2008 |
|
|
SAN DIEGO--- Quik-Pak Acquires Flip Chip Assembly, Radiation Sensor and Laser Micromachining Business Units of Aguila Technologies Posted 2:56 PM PST
SAN DIEGO--- Verimatrix Completes Series C Round with Investment from JK&B Capital Posted 9:51 AM PST
PASADENA--- Cramster.com Now in Expansion Mode After $3M Investment Posted 9:23 AM PST
SAN CARLOS--- Nuvelo and ARCA biopharma Announce Merger Agreement Creating Late-Stage Cardiovascular Biotechnology Company Posted 9:16 AM PST
TUSTIN--- Cherokee International to Be Acquired by Lineage Power Holdings, Inc. Posted 8:44 AM PST
SAN DIEGO--- Transaction Wireless Secures $2.25M in Series A Funding from Mission Ventures and Okapi Ventures, LP Posted 8:26 AM PST
|
| |
| Wednesday, September 24, 2008 |
|
|
SAN DIEGO--- Ligand to Acquire Pharmacopeia for Stock and Contingent Value Rights Posted 2:58 PM PST
SANTA CLARA--- InMage Systems Secures $15 Million in Funding Led by Intel Capital Posted 6:45 AM PST
MENLO PARK--- ForteBio, Inc. Closes $25 Million In Series C Financing Posted 6:41 AM PST
|
| |
| Tuesday, September 23, 2008 |
|
|
SAN DIEGO--- Sequenom Announces Acquisition of CLIA-Certified Laboratory and Partnerships with Spectrum Health and Van Andel Research Institute Posted 4:38 PM PST
SAN MATEO--- Adap.tv Closes $13 Million in Series B Round of Funding Posted 8:50 AM PST
PALO ALTO--- Aricent Announces New Funding from KKR and The Family Office Posted 8:44 AM PST
SAN FRANCISCO--- KaloBios Raises $20 Million in Series D Venture Financing Posted 8:42 AM PST
SANTA CLARA--- Intel Capital to Acquire $20 Million Stake in Telligent Posted 8:33 AM PST
|
|
|
|
|
|
FreshNews.com Jobs Change DAILY
We Have 5,000 + Job Listings! Open Your FREE Account
Employers or Job Searchers Get Started Now! Click Here
|
