Michigan Develops Another Unicorn with $2.2B Acquisition of HistoSonics in Ann Arbor - DBusiness Magazine

Michigan Develops Another Unicorn with $2.2B Acquisition of HistoSonics in Ann Arbor - DBusiness Magazine

HistoSonics’ Edison Histotripsy System and novel histotripsy therapy platform are designed to destroy liver tumors. // Image courtesy of HistoSonics HistoSonics, which began in 2009 as a startup at the University of Michigan in Ann Arbor, has announced a management-led majority stake acquisition by a syndicate of globally recognized private and public investors, including K5 Global, Bezos Expeditions, Wellington Management, and other new and exi…

HistoSonics reaches $2.25B valuation after investor-led majority acquisition - The Robot Report

The Edison System delivers pulsed sound energy into the body, without any incisions or needles, to destroy tumors at the sub-cellular level. | Source: HistoSonics HistoSonics last week announced that a management-led syndicate of private and public investors acquired a majority stake in the company. The syndicate included K5 Global, Bezos Expeditions, Wellington Management, and other new and existing investors. The transaction valued HistoSonics…