Tyco's U.S. Surgical to acquire Confluent Surgical for $245M

Tyco International's Healthcare subsidiary, U.S. Surgical, announced a definitive agreement to acquire Confluent Surgical, Inc., a developer of polymer-based surgical sealants and anti-adhesion products, for $245 million.

“On July 18, 2006, Tyco’s Healthcare subsidiary, U.S. Surgical, announced the execution of a definitive agreement to acquire Confluent Surgical, Inc., a leading developer and supplier of polymer-based technology used in sprayable surgical sealants and anti-adhesion products, for $245 million.”

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