Kalamazoo, Michigan - March 7, 2014 - Stryker Corporation (NYSE:SYK) announced today the completion of its previously announced acquisition of Pivot Medical, Inc. (Pivot). Pivot is a privately held business selling innovative products for hip arthroscopy with operating facilities in Sunnyvale, CA.
As indicated in the February 19, 2014 press release, the transaction is expected to be neutral to Stryker's 2014 earnings per share excluding acquisition, integration-related and intangible amortization charges.
Stryker is one of the world's leading medical technology companies and together with our customers, we are driven to make healthcare better. The Company offers a diverse array of innovative medical technologies, including reconstructive, medical and surgical, and neurotechnology and spine products to help people lead more active and more satisfying lives. Stryker products and services are available in over 100 countries around the world and please contact us for more information at www.stryker.com.