In the biggest deal ever for an Israeli medical device company, US-based HeartWare International is acquiring Israeli biotech start-up Valtech Cardio. Valtech shareholders will receive HeartWare stock worth over $900 million, depending on milestones. Valtech makes heart valve surgery devices.
http://www.timesofisrael.com/israeli-medical-tech-company-joins-billion-dollar-exit-club/