Stryker Corp agrees $2.97bn Vocera deal —
Summary
Medical device manufacturer Stryker Corp has agreed to acquire Vocera Communications in a deal worth $2.97bn. The deal is expected to close in the first quarter of this year and is estimated to have a neutral impact on net earnings per diluted share in 2022, Stryker said in a statement. “This acquisition underscores our commitment and focus on our customer,” said Kevin Lobo, chair and chief executive of Stryker. Stryker officials are said to have been attracted to Vocera’s “highly complementary and innovative portfolio” of tools to help connect caregivers and “disparate data-generating medical devices”, with an eye toward boosting patient safety and outcomes and improving provider workflows. Specifically, Vocera’s software and hardware for remote communication complements Stryker’s Advanced Digital Healthcare tools, the company said, and will improve its efforts to help its customers reduce and prevent adverse events across the care continuum.