Acquisition History / Nihon Kohden Corporation / NeuroAdvanced Corp. (Ad-Tech Medical Instrument Corporation)

Nihon Kohden Corporation Acquires NeuroAdvanced Corp. (Ad-Tech Medical Instrument Corporation)

Announced September 12, 2024 — $107.2M

Nihon Kohden CorporationMedical devices2024

What happened

Nihon Kohden agreed to acquire 71.4% of NeuroAdvanced, the Delaware holding company of Ad-Tech Medical Instrument, which makes intracranial electrodes used in epilepsy surgery and had sales of about JPY 3.97bn. The deal accelerates Nihon Kohden's North American business and adds a consumables franchise.

Acquirer
Nihon Kohden Corporation
Target
NeuroAdvanced Corp. (Ad-Tech Medical Instrument Corporation)
Announced
September 12, 2024
Price
$107.2M
Industry
Medical devices
Buyer type
Strategic acquirer
Status
Announced, not yet closed

By the numbers

Nihon Kohden Corporation's acquisition history
1st of 1 tracked deals
Disclosed prices
1 of 1 Nihon Kohden Corporation deals
Nihon Kohden Corporation's average disclosed price
$107.2M
Nihon Kohden Corporation's largest disclosed deal
NeuroAdvanced Corp. (Ad-Tech Medical Instrument Corporation) ($107.2M)
Tracked acquisitions in 2024
157 across all acquirers
Nihon Kohden Corporation in Medical devices
1 acquisition

Frequently Asked Questions About This Acquisition

When did Nihon Kohden Corporation acquire NeuroAdvanced Corp. (Ad-Tech Medical Instrument Corporation)?

Nihon Kohden Corporation acquired NeuroAdvanced Corp. (Ad-Tech Medical Instrument Corporation) on September 12, 2024. This was Nihon Kohden Corporation's 1st publicly tracked acquisition out of 1 we have on record.

How much did Nihon Kohden Corporation pay for NeuroAdvanced Corp. (Ad-Tech Medical Instrument Corporation)?

Nihon Kohden Corporation paid $107.2M for NeuroAdvanced Corp. (Ad-Tech Medical Instrument Corporation).

What does NeuroAdvanced Corp. (Ad-Tech Medical Instrument Corporation) do?

Nihon Kohden agreed to acquire 71.4% of NeuroAdvanced, the Delaware holding company of Ad-Tech Medical Instrument, which makes intracranial electrodes used in epilepsy surgery and had sales of about JPY 3.97bn. The deal accelerates Nihon Kohden's North American business and adds a consumables franchise.

What other Medical devices companies has Nihon Kohden Corporation acquired?

NeuroAdvanced Corp. (Ad-Tech Medical Instrument Corporation) is Nihon Kohden Corporation's only publicly tracked acquisition in Medical devices so far.

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