Medtronic Says Still Has Room For More Acquisitions

Now watching

Next video starts in : 7 Play

Medtronic Says Still Has Room For More Acquisitions

Medtronic Says Still Has Room For More Acquisitions
Replay video
Up next

New Apple Watch Sport Band Colors Revealed in Italy

Unlock your personal NFL Now stream by signing in to NFL.com

Medtronic Says Still Has Room For More Acquisitions

by Wochit 0:56 mins

Medtronic Says Still Has Room For More Acquisitions

by Wochit 0:56 mins

Medtronic Inc on Monday said it will remain in the market for promising new technologies even as it absorbs Dublin-based medical device maker Covidien Plc in a $42.9 billion cash-and-stock deal. A day after announcing the agreement to buy Covidien, Medtronic executives told analysts on a conference call that the additional cash flow generated by combining the two companies would expand the budget for acquisitions and minority investments, as well as internal research and development. Chief Executive Omar Ishrak said, Medtronic has been especially keen to expand beyond selling devices into providing advisory services to hospitals, and would consider acquisitions that would help it develop that business,

Wochit

Other Space

  1. 27:05

    Other Space Episode 1: Into the Great Beyond...Beyond

  2. 25:20

    Other Space Episode 2: Getting to Know You

  3. 25:51

    Other Space Episode 3: The Death of A.R.T.

  4. 25:46

    Other Space Episode 4: Ted Talks

  5. 26:44

    Other Space Episode 5: Trouble's Brewing

  6. 27:02

    Other Space Episode 6: Powerless

Community

  1. 27:26

    Community Episode 1: Ladders

  2. 27:26

    Community Episode 2: Lawnmower Maintenance and Postnatal Care

  3. 24:40

    Community Episode 3: Basic Crisis Room Decorum

  4. 30:58

    Community Episode 4: Queer Studies and Advanced Waxing

  5. 28:45

    Community Episode 5: Laws of Robotics and Party Rights

  6. 28:13

    Community Episode 6: Basic Email Security