Stryker Completes Acquisition of Mako Surgical

Stryker said Tuesday it has completed the acquisition of Fort Lauderdale, Fla.-based MAKO Surgical for $1.65 billion. The deal, announced in September, also gives Stryker about $4 million in shares of MAKO stock.

Stryker spokesman Yin Becker said the addition of MAKO will broaden Stryker’s technology footprint. “Key opportunities in joint reconstruction include procedural advancements, significantly improved patient experience and outcomes and a new generation of implants,” he said.

MAKO will benefit from Stryker’s history with capital equipment and surgical instruments, said Stryker CEO Kevin Lobo. — Lena Freund

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