Surgical Science Sweden buys Simbionix for $305m
With its R&D center based in Airport City, the Israel-founded surgical simulation company was acquired by 3D Systems in 2014 for $120 million.
3D Systems has announced that it has signed a definitive agreement to sell its surgical simulation and training company Simbionix to Surgical Science Sweden AB for $305 million.
Headquartered in Cleveland, Ohio with its R&D center in Israel s Airport City, Simbionix has pioneered patient-specific simulation with FDA-cleared solutions that are changing the way preparation for individual surgeries are carried out. Its proprietary simulation and training products have transformed the way physicians practice and master surgical procedures with improved learning that can favorably impact patient outcomes. 3D Systems acquired Simbionix for $120 million in 2014. The company was founded in Israel 1997 by Ran Bronstein, who remains the head of Israel operations, while Boaz Tal is CFO.
3D Systems (DDD) to Sell Simbionix to Surgical Science Sweden AB for $305M
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