J&J eying surgical robotics firm Auris Health

Published: January 23, 2019
SHARES
Email
A Johnson & Johnson building is shown in Irvine, California, US, January 24, 2017.
PHOTO: REUTERS

A Johnson & Johnson building is shown in Irvine, California, US, January 24, 2017. PHOTO: REUTERS

Johnson & Johnson is pursuing an acquisition of surgical robotics firm Auris Health, Bloomberg reported on Wednesday, citing people with knowledge of the matter.

Facial recognition: Coming to a gadget near you

J&J is seeking to purchase Auris at a premium to the valuation from its latest funding round that valued the company at $2 billion, Bloomberg reported.

The final deal has not been reached and there is no certainty that the deliberations will lead to a sale of Auris, according to Bloomberg.

US gadget love forecast to grow despite trust issues

J&J and Auris could not be immediately reached for comment.

Facebook Conversations

Leave Your Reply Below

Your comments may appear in The Express Tribune paper. For this reason we encourage you to provide your city. The Express Tribune does not bear any responsibility for user comments.

Comments are moderated and generally will be posted if they are on-topic and not abusive. For more information, please see our Comments FAQ.

More in Technology