Stryker Acquires Ascent Healthcare Solutions

Ascent currently provides cardiovascular, orthopedics, gastroenterology, and general surgery devices to 1800 hospitals and numerous Group Purchasing Organizations in North America. It’s sales in 2008 were more than $100 million.

The closing is conditioned on the expiration or termination of all applicable waiting periods pursuant to the Hart-Scott-Rodino Antitrust Improvements Act and other customary closing conditions. Each companies’ board of directors and shareholders have approved the transaction.