HistoSonics: Univ. Of Michigan Spin-Out Sells Majority Stake In $2.25 Billion Deal
By Amit Chowdhry ● Yesterday at 10:58 PM
HistoSonics, creator of the Edison Histotripsy System, has been acquired in a majority stake deal by global investors including K5 Global, Bezos Expeditions, and Wellington Management, valuing the company at $2.25 billion. Additional investors include Alpha JWC Ventures, Alpha Wave Ventures, Johnson & Johnson - JJDC, Inc., and others.