Stryker to Acquire Memometal Technologies (MMI)

As reported on www.ryortho.com, Stryker has announced an agreement to acquire France-based extremity product developer, Memometal Technologies (MMI)  for $150 million in cash, with up to an additional $12 million in milestone payments. This merger follows in the heels of the Synthes and Depuy merger just over a month ago; the second major merger to affect foot and ankle surgeons. 


This merger was probably only a matter of time for MMI, as they have shown significant advances in the foot and ankle device market. With the success of thier nitinol products (see MMI: Smart Toe Intramedullary Shape Memory Implant), and the recent release of their 2nd generation locking plating system (see MMI: Anchorage Plating System: MTP CP Plate), MMI has shown continued ingenuity in the development of foot and ankle implants


You can see all of the Memometal Technologies (MMI) foot and ankle implants at www.footandanklefixation.com