CONMED to Acquire Viking Systems for $22.5M

CONMED Corp. has announced it is acquiring Viking Systems for approximately $22.5 million, according to a news release.

Advertisement

 

Viking Systems, which is headquartered in Westborough, Mass., is a developer, manufacturer and marketer of 3-D and 2-D visualization solutions for complex minimally invasive surgery. Its lead product, the Viking 3D-HD Vision System, is a 3-D vision system which employs a flat screen monitor and passive glasses. It is used by surgeons during complex minimally invasive laparoscopic surgery, with applications in urologic, gynecologic, bariatric, cardiac, neurologic and general surgery, according to the company.

 

“The Viking line of 3-D high definition surgical video products represents a strategic addition to our general surgical imaging franchise,” said Joseph J. Corasanti, president and CEO of CONMED, in the release. “Viking is at the forefront of 3-D HD surgical imaging, and we believe that merging this technology with our established worldwide marketing and sales teams will expand the use of superior surgical visualization benefiting both surgeons and their patients.”

 

CONMED anticipates that its present 2-D surgical video research and marketing team in Santa Barbara, Calif., will be consolidated into the Viking group in Massachusetts over the next year.

 

CONMED Corp. is headquartered in Utica, N.Y.

 

Related Articles on Company Acquisitions:

Roper Industries Acquires Ascension Technology

Haemonetics Acquires Pall’s Transfusion Medicine Business for $550M

Alcon Acquires Endure Medical Systems

At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.

Advertisement

Next Up in Uncategorized

Advertisement

Comments are closed.