The privately held provider of medical devices and support services has about 700 employees in the area.
KALAMAZOO, Mich. (AP) — Medical technology company Stryker is buying Redmond-based Physio-Control International Inc. for $1.28 billion, which will help expand its product offerings and broaden its global reach.
Privately held Physio-Control develops, makes and markets monitors/defibrillators, automated external defibrillators, CPR-assist devices and data management and support services. The company, with about 700 employees in the Seattle metro area, had fiscal 2015 sales of $503 million.
The transaction is expected to close at the start of the second quarter.
Stryker Corp. is based in Kalamazoo, Michigan.
- SeaTac ordered to pay $18 million to couple it cheated in secret land grab
- Thinking of voting for Jill Stein or Gary Johnson? Here are their policy positions
- 50 years later, Bob Dylan's motorcycle crash remains mysterious
- Seahawks QB Russell Wilson featured in new Costacos Brothers poster
- ‘Boys in the Boat’ is now a PBS documentary, to air Aug. 2
Most Read Stories