Boston Scientific inks $1B+ deal for Lumenis' surgical unit
March 4, 2021
Boston Scientific has agreed to buy Israeli medical device maker Lumenis' surgical business for $1.07 billion from Baring Private Equity Asia. The deal will give Boston Scientific access to high-growth areas including China. The unit develops lasers, fibers and accessories used for urology and ear, nose and throat procedures. It is expected to generate around $200 million in net sales this year.