Hologic’s $160M merger expands surgical franchise
Photo | Grant Welker
Hologic's Marlborough headquarters
Hologic, a Marlborough medical technology company focused on women’s health, acquired Bolder Surgical, a Colorado-based company focused on energy vessel sealing surgical devices, in a $160-million dollar agreement announced on Thursday.
The transaction adds laparoscopic vessel sealing and dividing/dissecting devices to the Hologic portfolio while enabling Hologic to expand the use of Bolder’s devices to OB/GYN specialists, according to the release.
“Together, we will accelerate realizing Bolder’s vision to increase the efficiency of both surgeons and hospitals. Joining Hologic, with its similar mission, culture, and world-class portfolio of products, is an ideal fit for Bolder,” said Robert Kline , Bolder Surgical’s president and CEO, in a press release.
The acquisition is expected to close by the end of 2021 with Bolder Surgical expected to generate approximately $10 million of product revenue this calendar year.
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