B. Braun SE today announced the full acquisition of True Digital Surgery (TDS), a company based in Goleta, California, specializing in digital robotic-assisted 3D surgical microscopy.
Financial terms of the deal were not disclosed.
Before the acquisition, B. Braun held a minority stake in TDS. The decision to fully acquire TDS allows B. Braun's surgical division Aesculap to add expertise of the TDS team. The company said the deal will help with continued development of Aesculap AEOS, one of B. Braun's core medical products used in neurosurgery, spinal surgery, and ENT surgery.
"This strategic move enables us to integrate the cutting-edge technology and innovative capabilities of TDS. By combining the best of both worlds, we can continue to provide our customers with best-in-class systems in robotic assisted 3D microsurgery. We are excited about the potential this acquisition brings and the opportunities to further develop our digital surgical solutions," said Dr. Jens von Lackum, a member of the B. Braun executive board responsible for the surgical division Aesculap.
"This merger with such a highly respected healthcare organization as B. Braun represents an exciting new milestone for True Digital Surgery and is a natural extension of the successful partnership we've enjoyed for several years. The combination of our groundbreaking technologies with B. Braun's access to the global healthcare market represents an incomparable opportunity for both companies to further improve the lives of patients and medical professionals the world over," said Aidan Foley, former TDS CEO and chairman of the board.
B. Braun plans for TDS to remain as a technology hub at its Goleta location. The acquisition will allow TDS and its employees to focus on their core competencies, innovating and integrating advanced technologies.
