Robohub.org
 

MAKO Surgical sells to Stryker for $1.65 billion

by
25 September 2013



share this:

mako-robotic-armStryker 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: ,


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 :



Robot Talk Episode 42 – Thom Kirwan-Evans

In this week's episode of the Robot Talk podcast, host Claire Asher chatted to Thom Kirwan-Evans from Origami Labs all about computer vision, machine learning, and robots in industry.
25 March 2023, by

Resilient bug-sized robots keep flying even after wing damage

New repair techniques enable microscale robots to recover flight performance after suffering severe damage to the artificial muscles that power their wings.
23 March 2023, by

How drones for organ transportation are changing the healthcare industry

The healthcare drone industry has witnessed a dramatic surge in the last couple of years. In 2020, the market grew 30% and is expected to grow from $254 million in 2021 to $1,5 billion in 2028.
21 March 2023, by

Robotic bees and roots offer hope of healthier environment and sufficient food

Miniature robots that mimic living organisms are being developed to explore and support real-life ecosystems.
18 March 2023, by

Robot Talk Episode 41 – Alessandra Rossi

In this week's episode of the Robot Talk podcast, host Claire Asher chatted to Alessandra Rossi from the University of Naples all about social robotics, theory of mind, and robots playing football.
17 March 2023, by





©2021 - ROBOTS Association


 












©2021 - ROBOTS Association