News Releases

Lindquist & Vennum Represents Cardiocom in $200 Million Deal with Medtronic

08.11.13

As reported in the Wall Street Journal, Lindquist & Vennum client Cardiocom was acquired by Medtronic, Inc. in a $200 million cash deal. Lindquist's team was led by Chuck MoorseBarb Rummel and Veronica Basel. The firm began working with Cardiocom in 1999, soon after the company was formed. This acquisition is Medtronic’s entry into the telehealth service business, which aims to work with hospitals and insurers in limiting the costs of treating patients with chronic diseases.

Read Medtronic’s news release.

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