Physio-Control said today it agreed to acquire North Irish automated external defibrillator manufacturer HeartSine Technologies for an undisclosed amount.
The 2 companies said they completed due diligence but have not released details of the transaction or dates the acquisition is slated to close.
“With Physio-Control and HeartSine now united in our lifesaving missions, we will be able to offer a tremendous range of AED solutions to our global customers and partners. Sudden cardiac arrest is one of the biggest health care problems in the world and AEDs are a critical part of the solution. The global market for these devices is growing fast and our joint aim is to save more lives with more AEDs in more places,” Physio-Control CEO Brian Webster said in a press release.
Both companies produce AEDS, with Heartsine producing the samaritan PAD line of public access AEDs and Physio-Control producing the Lifepak CR Plus and Lifepak 1000, with distributions to 104 countries, Redmond, Wash.-based Physio-Control said.
“This is very good for HeartSine and our distributors. Our teams share a strong clinical focus, and together we have exciting opportunities ahead for technical, scientific and marketing collaboration. Most importantly, we have a strong cultural fit and a common mission to prevent unnecessary deaths from sudden cardiac arrest,” HeartSine CEO Declan O’Mahoney said in prepared remarks.
In July, Physio-Control said it inked a deal with Aircraft Medical to distribute its McGrath MAC EMS video laryngoscope internationally. U.K.-based Aircraft Medical’s laryngoscope is a traditional macintosh design, with the addition of video, providing both direct and indirect laryngeal views, the company said.
Physio-Control, formerly a Medtronic (NYSE:MDT) subsidiary, will distribute the device to customers in the U.S., U.K., Canada, Australia and New Zealand.
The post Physio-Control acquires Irish AED maker HeartSine appeared first on MassDevice.
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