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Sonova pays $489mm cash for Advanced Bionics
12 Nov 2009
Executive Summary
Sonova Holding AG has acquired private company Advanced Bionics for $463.5mm up front plus $25.5mm to be held in escrow, or a total of $489mm, paying just over four times what the fellow hearing systems maker achieved in revenues last year.
Deal Industry
- Medical Devices
-
Medical Devices
- Implantable Devices
Deal Status
- Final
Deal Type
-
Acquisition
- Full Acquisition
- Payment Includes Cash
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Sonova pays $489mm cash for Advanced Bionics
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