Medtronic, Inc.

Medtronic, Inc.

Medtronic, Inc.

Overview
Date Founded

1949

Headquarters

710 Medtronic Parkway Minneapolis, Minnesota, 55432, United States

Type of Company

Private

Employees (Worldwide)

10K - 1M

Industries

Medical Support Services
Pharmaceuticals
IT Consulting & Services
Biotechnology
Medical Products & Equipment
Hospitals & Patient Services
Industrial Machinery & Manufacturing

Company Description

Medtronic was founded in 1949 as a medical equipment repair shop by Earl Bakken and his brother-in-law, Palmer Hermundslie. Since then, we've grown into a multinational company that uses technology to transform the way debilitating, chronic diseases are treated.Our first life-changing therapy – a wearable, battery-powered cardiac pacemaker – was the foundation for dozens more Medtronic therapies that use our electrical stimulation expertise to improve the lives of millions of people. Over the years, we adapted additional technologies for the human body, including radio frequency therapies, mechanical devices, drug and biologic delivery devices, and diagnostic tools. Today, our technologies are used to treat more than 30 chronic diseases affecting many areas of the body.

Website

http://www.medtronic.com/

Contact Data
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In The News
PR Newswire
February 3, 2021
Global Orthopedic Devices Market Leaps with Advancements in Robotics, States Fairfield Market Research
GlobeNewswire
January 28, 2021
The global interventional cardiology devices marketsize is projected to reach USD 21.2billion by 2025 from USD 13.8 billion in 2020, at a CAGR of 8.9%
PR Newswire
January 27, 2021
Stepan Announces Appointment of New Director
Targeted News Service
January 16, 2021
U.S. Patents Awarded to Inventors in Minnesota (Jan. 16)
Targeted News Service
January 16, 2021
Medtronic Assigned Patent for Replenishing Urease in Dialysis Systems Using Urease Pouches

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Executives & Employees
See More
H. James Dallas

Senior Vice President & Chief Information Officer

Sean P. Lennon

Chief Information Officer

James T. Hogan

Vice President & President, Latin America

Rod Handley

Founder

Grubbs Stacy

Owner

Brad Steinhoff

Owner

Jack Raymakers

Owner

Laura Almeroth

President

Karen L. Parkhill

Chief Financial Officer & Executive Vice President

Bradley E. Lerman

Senior Vice President General Counsel Corporate Secretary

Board of Directors
Geoff S. Martha

Chairman & Chief Executive Officer at Medtronic Plc

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Medtronic, Inc.
Owners & Shareholders
Details Hidden
Locke Lord LLP

Locke Lord is a full-service, international law firm of 20 offices designed to meet clients’ needs around the world. The Firm has a history that spans more than 130 years and is a worldwide leader in the middle market sector. Locke Lord advises clients across a broad spectrum of industries including energy, financial services, fund formation, health care, insurance and reinsurance, private equity and venture capital, public finance, real estate, and technology, media and telecommunications, while providing a wealth of experience through its complex litigation, intellectual property, tax, regulatory and transactional teams.

Details Hidden
Locke Lord LLP

Locke Lord is a full-service, international law firm of 20 offices designed to meet clients’ needs around the world. The Firm has a history that spans more than 130 years and is a worldwide leader in the middle market sector. Locke Lord advises clients across a broad spectrum of industries including energy, financial services, fund formation, health care, insurance and reinsurance, private equity and venture capital, public finance, real estate, and technology, media and telecommunications, while providing a wealth of experience through its complex litigation, intellectual property, tax, regulatory and transactional teams.

Recent Transactions
Details Hidden

China Everbright Ltd. purchases LifeTech Scientific Corp. from Medtronic, Inc.

Details Hidden

Medtronic, Inc., Medtronic Korea Co., Ltd. purchase Covidien Korea, Inc. from Covidien Ltd.

Details Hidden

Medtronic, Inc. purchases Covidien Ltd. resulting in a new company Medtronic Plc

Transaction Advisors
Accountant
PricewaterhouseCoopers LLP

Advised onMedtronic, Inc. purchases Sofamor Danek Group, Inc.

Legal Advisor
Fredrikson & Byron PA

Advised onMedtronic, Inc. purchases MiniMed, Inc.

Investment Advisor
Goldman Sachs & Co. LLC

Advised onMedtronic, Inc. purchases Arterial Vascular Engineering, Inc.

Legal Advisor
Matthew P. Salerno

Advised onMedtronic, Inc. purchases Covidien Ltd. resulting in a new company Medtronic Plc

Legal Advisor
Francisco Enrique González-Díaz

Advised onMedtronic, Inc. purchases Medtronic Spine LLC

Counsel
John F. Wurm

Advised onMedtronic, Inc. purchases Medtronic CoreValve LLC from HealthCap AB, Apax Partners SA, Sofinnova Partners SAS, Maverick Capital Management LLC

Advisors & Consultants
Legal Advisor
David J. Zampa

Partner at Sidley Austin LLP

Legal Advisor
Craig A. Roeder

Partner at Baker & McKenzie LLP

Real Estate Agent
Chris A. Nordling

Senior Managing Director at Newmark & Company Real Estate, Inc.
Clients
Cook Children's Medical Center

Cook Children's Medical Center provides surgery rehabilitation and ancillary equipment services. The firm offers equipment, surgery, rehabilitation and ancillary services all designed to meet children's needs. The company was founded in 1985 and is headquartered in Fort Worth, TX.

Christus Health Central Louisiana

SUPPORTING THE HEALTH CARE MINISTRIES OF THE SPONSORING CONGREGATIONS IN EXTENDING THE HEALING MINISTRY OF JESUS CHRIST IN CONFORMITY WITH THE ROMAN CATHOLIC CHURCH.
Non-Profit Donations & Grants
$75K +
2019
Children's HeartLink, Inc.

$1,000 +
2019
University of Pittsburgh - Pittsburgh

$5,000
2019
NorthShore University HealthSystem

Political Donations
$1,000
2014
Bradley J. Sherman

$2,000
2014
Kevin McCarthy

$2,000
2014
Lois Capps

Investments
Details Hidden
iScience Interventional Corp.

iScience Interventional Corp. discovers and develops microcatheter and imaging technologies that enable ophthalmologists to deliver site-specific ocular therapies. It encompasses microcatheter-based therapies designed to access anatomical structures within the eye to aspirate ocular fluids or deliver sterile ophthalmic solutions to the eye. The firm addresses the previously unmet need for treatment of sight-threatening diseases with the innovative, minimally invasive iCath™ procedures. The company was founded by Michael F. Nash and Stan Conston in 1999 and is headquartered in Menlo Park, CA.

Details Hidden
Visualase, Inc.

Visualase, Inc. was founded in 2005 as a spin-off from BioTex, Inc., the original developer and current manufacturer of the Visualase technology. Visualase, Inc. is currently a privately held company located in Houston, Texas.

Details Hidden
BeneChill, Inc.

BeneChill, Inc. develops non-invasive cooling technology for cerebral ischemia treatment. The company was founded by Michael L. Berman and Denise Barbut in 2004 is headquartered in San Diego, CA.

Investors
Details Hidden
Marc-Henri Galletti

Co-Founder at Longitude Capital Management Co. LLC

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