Brought to you by 
Volcano buys Novelis for $12mm in cash, plus earn-out
29 May 2008
Executive Summary
Volcano (intravascular ultrasound (IVUS), tomography, and functional measurement) has acquired privately held Novelis, a company using ultrasonic visualization technologies to create minimally invasive devices. Volcano will pay about $12mm in cash, plus provide a $3mm cash earn-out payment if an undisclosed regulatory milestone is met.
Deal Industry
- Medical Devices
-
Medical Devices
- Diagnostic Imaging Equipment & Supplies
- Implantable Devices
- Radiofrequency Devices
-
Surgical Equipment & Devices
- Minimally or Less Invasive
Deal Status
- Final
Deal Type
-
Acquisition
- Full Acquisition
- Includes Contract
- Includes Earnout
- Payment Includes Cash
Already a Biomedtracker subscriber?
You have access to the full deal record through your subscription
Want to become a subscriber?
Subscribers get more deal details, updates, deal financials and deal products.
Questions?
Questions?
Please contact Sales at: (212) 520-2765 or email [email protected]
Related Companies
You must sign in to use this functionality
Authentication.SignIn.HeadSignInHeader
Volcano buys Novelis for $12mm in cash, plus earn-out
Email Deal
All set! This article has been sent to my@email.address.
All fields are required. For multiple recipients, separate email addresses with a semicolon.
DCD.EmailPopout.Notice