Cleveland-based Securus Medical Group purchased by Boston Scientific

Cleveland-based Securus Medical Group Inc., a medical device company, has been acquired by Boston Scientific Corp.

Boston Scientific paid $40 million in cash and up to $10 million in contingent payments for Securus, according to a Boston Scientific press release. Boston Scientific has been an investor in Securus since 2016, according to a Boston Scientific news release. Boston Scientific develops and manufactures medical devices.

Click here to read the complete article.

Story excerpt provided by The Plain Dealer, and see related article in Crain’s Cleveland Business.
Written by Julie Washington.
Originally published April 4, 2018.

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