Acquisition History / Medtronic / CathWorks
Medtronic Acquires CathWorks
Announced February 3, 2026 — $585M
What happened
CathWorks is an Israeli AI cardiology diagnostics firm that had a commercial partnership with Medtronic. Medtronic agreed to acquire it for US$585M, with the deal potentially reaching US$1B.
- Acquirer
- Medtronic
- Target
- CathWorks
- Announced
- February 3, 2026
- Price
- $585M
- Industry
- AI cardiac diagnostics
- Buyer type
- Strategic acquirer
- Status
- Announced, not yet closed
By the numbers
Frequently Asked Questions About This Acquisition
When did Medtronic acquire CathWorks?
Medtronic acquired CathWorks on February 3, 2026. This was Medtronic's 1st publicly tracked acquisition out of 1 we have on record.
How much did Medtronic pay for CathWorks?
Medtronic paid $585M for CathWorks.
What does CathWorks do?
CathWorks is an Israeli AI cardiology diagnostics firm that had a commercial partnership with Medtronic. Medtronic agreed to acquire it for US$585M, with the deal potentially reaching US$1B.
What other AI cardiac diagnostics companies has Medtronic acquired?
CathWorks is Medtronic's only publicly tracked acquisition in AI cardiac diagnostics so far.