Friday, January 4, 2013

Atlanta Endoscopy Firm Merges With Israeli Firm, Obtains Venture Capital Infusion

Atlanta's Medical Technology Industry Gets A Shot In the Arm by Greg Bluestein.  The Atlanta Journal-Constitution.  January 4, 2013.

Alpharetta-based endoscopy firm, EndoChoice, has announced plans to merge with an Israeli firm, Peer Medical Ltd.  Research and design will be housed in Israel with a manufacturing facility planned for Germany.  EndoChoice also has raised $43 million from the prominent silicon valley venture capital firm, Sequoia Capital.  There are around 500 medical device companies in the Atlanta area employing more than 25,000.

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