STERIS, IonQ and Stryker Drive Busy Deal Day
STERIS agreed to buy Xodus Medical, a maker of surgical safety products, for $2.1 billion. IonQ struck a deal worth up to $1.3 billion for the cybersecurity firm Elisity, while Stryker put about $400 million into CMR Surgical and gained sole U.S. rights to commercialize its offerings. Watsco also finished acquiring The Granite Group.
STERIS said a wholly owned subsidiary signed a definitive agreement to buy Xodus Medical, which makes surgical safety devices, for $2.1 billion. No closing date was given. IonQ also signed a definitive agreement to acquire Elisity, a Zero Trust cybersecurity company, in a deal valued at up to $1.3 billion, with no close date disclosed.
Stryker made an approximately $400 million equity investment in Cambridge-based CMR Surgical and obtained exclusive U.S. commercialization rights, deepening its robotic surgery presence. Watsco completed its purchase of The Granite Group, a plumbing and HVAC distributor, as BBH Capital Partners exited its position.
Count: First para: STERIS(1) said2 a3 wholly4 owned5 subsidiary6 signed7 a8 definitive9 agreement10 to11 buy12 Xodus13 Medical14 which15 makes16 surgical17 safety18 devices19 for20 $2.1 21 billion22. No23 closing24 date25 was26 given27. IonQ28 also29 signed30 a31 definitive32 agreement33 to34 acquire35 Elisity36 a37 Zero38 Trust39 cybersecurity40 company41 in42 a43 deal44 valued45 at46 up47 to48 $1.3 49 billion50 with51 no52 close53 date54 disclosed55. Second: Stryker56 made57 an58 approximately59 $40060 million61 equity62 investment63 in64 Cambridge-based65 CMR66 Surgical67 and68 obtained69 exclusive70 U.S.71 commercialization72 rights73 deepening74 its75 robotic76 surgery77 presence78. Watsco79 completed80 its81 purchase82 of83 The84 Granite85 Group86 a87 plumbing88 and89 HVAC90 distributor91 as92 BBH93 Capital94 Partners95 exite
". No extra. Plain text. We can include line breaks. Need maybe no markdown. The final should be exactly. Potential issue: "Zero Trust" is source phrasing? It's a term. Fine. "CMR Surgical" etc. "The Granite Group" etc. "BBH Capital Partners" etc. "HVAC" etc. Need ensure EXPANDED has 2 short paragraphs under 120 words total. We have 106. Good. CONTEXT under 90. Good. Need maybe "additional factual detail and background drawn ONLY from material above" We included "one of its subsidiaries" from material "wholly owned subsidiary STERIS Corporation". "final pact" okay. "devices used in surgical safety" from "surgical safety device maker". "cybersecurity provider focused on Zero Trust" from "Zero Trust cybersecurity firm". "as much as $1.3b" from up to. "timing not disclosed" from no close date. "Stryker placed roughly $400m of equity into Cambridge-based CMR Surgical" from strategic equity investment approx $400m in Cambridge-based CMR Surgical. "secured sole U.S. rights to commercializ