Merit Medical Buying Alveolus Assets
Merit Medical Systems Inc. (Nasdaq: MMSI) has agreed to acquire the assets of Alveolus Inc., a Charlotte, N.C.-based maker of non-vascular interventional stents. The deal is valued at $19 million. Alveolus had raised over $28 million in VC funding, from firms like Clayton Associates, MB Venture Partners, Lumira Capital Corp., Matignon Investissement et Gestion and HealthCare Capital Partners.
20 February 2009•4 mins read
