Robohub.org
MAKO Surgical sells to Stryker for $1.65 billion
… Stryker Corporation (NYSE:SYK) to acquire MAKO Surgical Corp (NASDAQ:MAKO) for $1.65 billion – an action which brought MAKO’s stock from $16 to $29 in one fell swoop.
… Stryker is a medical technology company providing a wide array of medical devices and equipment.
… The combination of Stryker’s established industry presence can provide wider distribution for MAKO’s innovative products such as it’s RIO Robotic-Arm Interactive Orthopedic system (shown in the photo above) for knee and hip procedures.
… The acquisition may boost the credibility of robotic medical and surgical equipment providers, particularly Intuitive Surgical (NASDAQ:ISRG) who has received almost a year of bad news on a variety of fronts.
tags: c-Business-Finance, cx-Health-Medicine
Frank Tobe
is the owner and publisher of The Robot Report, and is also a panel member for Robohub's Robotics by Invitation series.
Frank Tobe
is the owner and publisher of The Robot Report, and is also a panel member for Robohub's Robotics by Invitation series.
Related posts :
Countering Luddite politicians with life (and cost) saving machines
Beyond aerial tricks, drones are now being deployed in novel ways to fill the labor gap of menial jobs that have not returned since the pandemic.
04 December 2022, by
Oliver Mitchell
Call for robot holiday videos 2022
That’s right! You better not run, you better not hide, you better watch out for brand new robot holiday videos on Robohub!
02 December 2022, by
Daniel Carrillo-Zapata
The Utah Bionic Leg: A motorized prosthetic for lower-limb amputees
Lenzi’s Utah Bionic Leg uses motors, processors, and advanced artificial intelligence that all work together to give amputees more power to walk, stand-up, sit-down, and ascend and descend stairs and ramps.
01 December 2022, by
The College of Engineering at the University of Utah
Touch sensing: An important tool for mobile robot navigation
Proximal sensing often is a blind spot for most long range sensors such as cameras and lidars for which touch sensors could serve as a complementary modality.
29 November 2022, by
Kshitij Tiwari
Study: Automation drives income inequality
New data suggest most of the growth in the wage gap since 1980 comes from automation displacing less-educated workers.
27 November 2022, by
MIT News
Flocks of assembler robots show potential for making larger structures
Researchers make progress toward groups of robots that could build almost anything, including buildings, vehicles, and even bigger robots.
25 November 2022, by
MIT News