In september 2016 he sold his startup to american

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In September 2016, he sold his startup to American firm Zimmer Biomet Holdings, Inc. (based in Indiana in the Midwest), the global leader in the field of musculoskeletal health. The Montpellier site has become the R&D center for Zimmer Biomet’s robotics business. “This takeover simply deepens the alliance that already existed between the two firms, as Zimmer Biomet had already acquired the patents for the first robot that Medtech produced for orthopedic surgery,” points out Sophie Munoz-Vincent, Communications Manager at Medtech. “Having carried out developments focusing on the spinal column, Zimmer Biomet was keen to move into the field of neurosurgery. From our perspective, even though we were able to raise funds through stock market flotation, the financial investment required to maintain the growth of our exports – which account for 80% of our business – was colossal, prompting us to choose the external acquisition route.” Medtech is in the middle of a growth and recruitment phase. “We will have more than a hundred employees next year, up from 80 today,” says Nahum. About Zimmer Biomet Founded in 1927 and based in Warsaw, Indiana, Zimmer Biomet is a global leader in the field of musculoskeletal health. Zimmer Biomet designs, manufactures and markets reconstructive orthopedic solutions, products used in sports medicine and biologics, devices for extremities and trauma, products for the spinal column, bone healing and cranio-maxillofacial care, as well as thoracic products and other products used for dental implants and surgery. Zimmer Biomet operates in more than 25 countries across the world and sells its products in more than 100 countries. About Medtech Founded in 2002 by Bertin Nahum – named the “Fourthmostrevolutionaryhigh-techentrepreneur in the world” in 2012 by Canadian magazine Discovery Series, after Steve Jobs, Mark Zuckerberg and James Cameron – and based in Montpellier, Medtech is the market leader in the design, development and marketing of innovative robotic devices to assist surgeons during operations, thereby contributing to the implementation of safer, more effective and less invasive treatments. Over the financial year ending June 30, 2016, the company announced revenue growth of 73%, rising to €11.2 million. FOCUS AMERICAN GIANT AND GLOBAL LEADER IN MEDICAL DEVICES ZIMMER BIOMET ACQUIRES MONTPELLIER-BASED FIRM MEDTECH. 1 La Tribune Objectif, July 2016. 2 La Lettre M, September 2016. 54 / 2016 ANNUAL REPORT - BUSINESS FRANCE CHAP. 2 / INVESTMENT ATTRACTIVENESS OF FRANCE’S REGIONS IN 2016
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SANDEN MANUFACTURING EUROPE CONTINUES TO INVEST, DIVERSIFY AND EXPAND IN BRITTANY. SUPEROX TO ARRIVE AT FLORIDES TECHNOLOGY PARK The Florides technology park, the showpiece of the Henri Fabre project, will soon be welcoming a new tenant, Superox.
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