Intuitive Surgical (ISRG) Acquires Orpheus Medical

February 10, 2020 4:02 PM EST

Intuitive (Nasdaq: ISRG), a global technology leader in minimally invasive care and the pioneer of robotic-assisted surgery, announced it has acquired privately held Orpheus Medical to deepen and expand its integrated informatics platform.

Orpheus Medical provides hospitals with information technology connectivity, as well as expertise in processing and archiving surgical video.

“The addition of Orpheus will provide customers —including surgeons, patient care teams and hospitals—with ready access to and a deeper understanding of their data, which we believe may help our customers improve patient outcomes and lower total treatment costs,” said Julian Nikolchev, Intuitive’s senior vice president of corporate development and strategy.

Orpheus develops and distributes its clinical video management and analytics platform, which hospitals use across surgical disciplines. The platform offers the ability to capture and share clinical video and imaging from many sources, which may help improve physician and OR care team workflow and enable analysis of their interventions.

“Combining both companies’ innovative technologies with Intuitive’s global reach and resources will enable current and future customers easier and faster access to their data,” said Gaddi Menahem, CEO of Orpheus Medical.

Orpheus will be a wholly owned subsidiary of Intuitive. Terms of the acquisition were not disclosed.



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