LONDON (ShareCast) - (Sharecast News) - US medical technologies company Stryker has agreed to buy Vocera Communications in a $3.09bn deal.
Under the terms of the acquisition, Stryker will pay $79.25 per share for Vocera, a platform in the digital care coordination and communication category. Stryker said "the importance of this growing segment has continued to expand throughout the pandemic as it aims to reduce cognitive overload for caregivers and enables them to deliver the best patient care possible".

The company's chair and chief executive Kevin Lobo said: "This acquisition underscores our commitment and focus on our customer. Vocera will help Stryker significantly accelerate our digital aspirations to improve the lives of caregivers and patients."

Vocera chairman and CEO Brent Lang said: "Today's milestone represents an exciting opportunity for Vocera given the clear alignment of mission, goals and culture between our two organisations and our ability to drive even greater economic and clinical value for our customers."

The deal is due to close in the first quarter and is expected to have a neutral impact on Stryker's net earnings per diluted share in 2022.

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