Catheter and Medical Design today announced that it has acquired VitalDyne Medical for an undisclosed amount.
Through the acquisition, Catheter and Medical Design takes ownership of VitalDyne’s laser cutting, welding, micromachining and finished device manufacturing capabilities to complement its existing complex catheter shaft design and manufacturing capabilities.
“VitalDyne Medical has a long history as a trusted partner to medical device OEMs that they’ve built through engineering expertise and excellent customer service,” Catheter and Medical Design CEO Randall Sword said in a news release. “We are excited to join forces with VitalDyne, collectively we share the same focus on speed, high-mix manufacturing and engineering expertise. I’m confident our customers will benefit from our combined technical capabilities.”
Both Catheter and Medical Design and VitalDyne manufacture devices for coronary vascular, peripheral vascular, neurovascular and structural heart applications. The two companies previously collaborated on critical devices that cross the septum of the heart to repair heart valves, treat atrial fibrillation and prevent strokes.
“Both companies excel at superior technical solutions, flexible manufacturing and share the same market strategy,” VitalDyne CEO Todd Schroeder said. “It became an easy decision to join forces.”
