#Industry News
Medtronic seeks to boost surgical robotics play with Digital Surgery acquisition
Medtronic (NYSE:MDT) announced today that it has acquired Digital Surgery (London), a privately-held pioneer in surgical artificial intelligence, data and analytics, and digital education and training.
Financial terms of the deal were not disclosed.
Medtronic said the purchase will strengthen its robot-assisted surgical platform and its broader portfolio. The medical device giant is making a big play to compete against robotic surgery’s dominant player — Intuitive Surgical (NSDQ:ISRG) and its da Vinci SP. Medtronic last year unveiled its much-awaited Hugo RAS system.
Digital Surgery officials say they want to digitize surgical protocols using cutting-edge computing and to support the delivery of consistent, data-driven, and evidence-based surgical care. Its products include Touch Surgery, an award-winning interactive training platform downloaded more than 2 million times, and GoSurgery, an operating room efficiency platform.