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Eversheds Sutherland advised sellers of Atracsys Sàrl on sale to Smith & Nephew group
- Switzerland
04-07-2019
Smith & Nephew plc (LSE:SN; NYSE: SNN) acquired 100% of the shares in Atracsys Sàrl, a leading provider of optical tracking technology used in computer-assisted surgery, headquartered in Puidoux/Switzerland.
The acquisition provided Smith & Nephew the opportunity to integrate the best-in-class position tracking technology for robotics-assisted surgical systems in its group. Atracsys’ fusionTrack 500 optical tracking camera will be a core enabling technology for Smith & Nephew’s next-generation robotics platform. In particular, the fusionTrack 500 offers superior measurement speed and latency performance, supporting reduced procedure times, as well as increased accuracy resulting in improved precision surgical tasks. On the other hand, with the addition of Atracsys Sàrl into the Smith & Nephew group, customers of Atracsys Sàrl will benefit from access to Smith & Nephew’s global network and a wide range of products and services.
Eversheds Sutherland has advised the Sellers of Atracsys on this transaction. The Eversheds Sutherland team was led by Marc Nufer (Partner Corporate/M&A) and included Alexander Schütz, Philip Letsch (both Corporate/M&A), Nathalie Urban (Tax), and Sarah Leutwiler (HR).
This information is for guidance purposes only and should not be regarded as a substitute for taking legal advice. Please refer to the full terms and conditions on our website.
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