Medtronic buying Mazor Robotics for $1.6B

Medtronic is all-in on surgical robotics after inking a deal to buy Mazor Robotics for more than $1.6 billion in cash. For Medtronic, the world’s largest medical device maker, the deal expands its leadership in the spinal surgery market and expedites its move into robotic-assisted procedures. Medtronic has owned since 2016 a $300 million stake…

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