M&A HealthTech Robotics

Via News Release

“DUBLIN and CAESAREA, Israel, Sept. 20, 2018 /PRNewswire/ — Medtronic plc (NYSE :MDT ), a global leader in medical technology, and Mazor Robotics (NASDAQ :MZOR , TASE: MZOR.TA), a pioneer in the field of robotic guidance systems, today announced the companies have entered into a definitive merger agreement under which Medtronic will acquire all outstanding ordinary shares of Mazor for $58.50 per American Depository Share, or $29.25 (104.80 ILS) per ordinary share, in cash, for a total of approximately $1.64 billion, or $1.34 billion net of Medtronic’s existing stake in Mazor and cash acquired. The boards of directors of both companies have unanimously approved the transaction.”

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Startups Capital Security

Via Minneapolis-St. Paul Business Journal

Protocol 46 Inc., a startup that provides cybersecurity technology and services to businesses, has closed on $1.1 million in capital. Twin Cities Angels led the round of funding round and announced the deal Thursday.”

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Move

Via Twin Cities Business

“Work” is not a four-letter word for Chanhassen-based Life Time. The health club chain is now expanding beyond working out into the business of co-working.

This week Life Time announced plans for its first Twin Cities location of Life Time Work, which will open in early 2019 in the West End area of St. Louis Park at the crossroads of Interstate 394 and Highway 100. The company is leasing 28,000 square feet of space at the Towers at West End office building, not far from a Life Time Athletic club.”

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More TECHdotMN News

Code42 Names John Emerick CFO
September 24, 2018 | sourced

Town Hall Ventures Raises $115m Fund For HealthTech Startups
September 20, 2018 | sourced

MinneHack Is Coming Back
September 20, 2018 | by Jeff Pesek

Meet A Minnesota Tech CFO: Drew Fanberg, ClickSWITCH
September 20, 2018 | sourced

[UPDATED] The Top 20 VC Backed Tech Ventures In Minnesota Right Now
September 20, 2018 | sourced

Since Moving To Minneapolis, Cludo Has Scaled Staff & Tripled Footprint
September 19, 2018 | by Jeff Pesek

Minneapolis’ JAMF Acquires NoMAD Tech
September 19, 2018 | sourced

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