Financial/Business, OEM News

Stryker Completes $3B Vocera Communications Deal

Vocera’s platform aims to help prevent adverse events throughout the care continuum.

Author Image

By: Sam Brusco

Associate Editor

Stryker today completed the $3.09 billion deal for digital care coordination and communication firm Vocera Communications, which began in January.
 
“This acquisition provides significant opportunities to advance innovations and accelerate our digital aspirations,” Stryker Chair and CEO Kevin Lobo told the press. “We welcome the Vocera team to Stryker and look forward to working together to enable safer patient care and help our customers improve outcomes.”
 
Vocera will enhance Stryker’s Medical division, specifically the Advanced Digital Healthcare portfolio. Vocera’s platform aims to help prevent adverse events throughout the care continuum.
 
The company was bought for $79.25 per share. The acquisition is expected to have a neutral impact to net earnings per diluted share this year.

Keep Up With Our Content. Subscribe To Orthopedic Design & Technology Newsletters