(Source: Smith & Nephew plc) 29 October 2015 Smith & Nephew (LSE:SN, NYSE:SNN), the global medical technology business, announces it has agreed to acquire Blue Belt Holdings, Inc. ('Blue Belt Technologies') for $275 million, securing a leading position in the fast-growing area of orthopaedic robotics-assisted surgery. 'Our experience working with Blue Belt Technologies and our customer insight has convinced us that robotics will become increasingly mainstream across orthopaedic reconstruction in the foreseeable future,' said Olivier Bohuon, Chief Executive Officer of Smith & Nephew. 'This acquisition is a compelling strategic move, with the combination of complementary products and R&D...
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