MedTech Dive January 16, 2024
Pulse specializes in the micro machining of components for medical devices used in markets such as structural heart.
Dive Brief:
- Integer Holdings Corporation bought Pulse Technologies for $140 million to grow its medical device contract manufacturing capabilities.
- Pulse specializes in the micro machining of components for medical devices used in markets such as structural heart, heart pump and electrophysiology. The company has estimated full-year sales for 2023 of $42 million.
- Integer, which reported preliminary full-year sales of about $1.6 billion in 2023, believes Pulse’s growth can accelerate as part of a larger organization. The deal is offset by an expected $15 million tax benefit over 15 years and includes additional considerations based on revenue growth targets through 2025, according...
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