PaceMate Acquires Medtronic's Paceart Optima System; No Financial Terms Disclosed
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PaceMate has acquired Medtronic's Paceart Optima system, expanding its global reach to nearly 1,000 clinic locations. This acquisition enhances PaceMate's cardiac remote monitoring capabilities.
August 27, 2024 | 12:15 pm
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Medtronic has sold its Paceart Optima system to PaceMate, which may streamline Medtronic's focus on other core areas.
The sale of Paceart Optima to PaceMate could allow Medtronic to focus on its core business areas. However, the lack of disclosed financial terms makes it difficult to assess the immediate financial impact.
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