Teleflex
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| Public | |
| Traded as | NYSE: TFX |
| Industry | medical device manufacturing |
| Headquarters | Wayne, Pennsylvania, United States |
Area served | 150 countries (Global) |
Key people | |
| Revenue | US$1.8 billion as of December 31, 2015 |
| Website |
www |
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Footnotes / references [1] | |
Teleflex Incorporated, headquartered in Wayne, Pennsylvania, is a provider of specialty medical devices for a range of procedures in critical care and surgery. Teleflex has annual revenues of $1.8 billion, operations in 40 countries, and more than 12,000 employees.[2] As of 2012, the chairman and CEO of the company was Benson F. Smith.[1] By 2011, the company had substantially realigned to focus on its current business of medical-device manufacture, having undergone several years of active acquisitions and divestitures.[1]
History
In March 2009, Teleflex sold its marine and industrial instrumentation (gauge) business to Veethree, and planned to exit its Lakewood Ranch, Florida facility.[3] Veethree subsequently continued production of former Teleflex products at its Manatee County, Florida facility and hired approximately 50 workers from Teleflex.[3]
In March 2011, Teleflex sold its marine division, Teleflex Marine, to H.I.G. Capital. [4]
In August 2012, Teleflex substantively finalized an agreement to acquire all assets of the medical device maker LMA International, thereby expanding the company's anesthesia device franchise.[5]
In December 2013, Teleflex completed the acquisition of Vidacare Corporation, integrating Vidacare's intraosseous EZ-IO and OnAccess medical devices into Teleflex's Arrow product line.[6][7]
Patent case
It was a party in the KSR v. Teleflex patent case decided by the Supreme Court of the United States concerning the issue of obviousness as applied to patent claims.
References
- 1 2 3 Benson F. Smith; Thomas E. Powell (31 July 2012), Form 10-Q, United States Securities and Exchange Commission, retrieved September 9, 2012 Cite uses deprecated parameter
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- 1 2 "Veethree Electronics establishes global facility in Manatee", Tampa Bay Business Journal, April 1, 2009, bizjournals.com, retrieved September 9, 2012
- ↑ "H.I.G. Capital Announces Acquisition of Teleflex Marine". HIG Capital. 2011-03-22. Retrieved 2011-03-22.
- ↑ John George (August 14, 2012), "Teleflex buying LMA International for $276M", Philadelphia Business Journal, bizjournals.com, retrieved September 9, 2012
- ↑ Strong, S. (2 December 2013). "Vidacare customer acquisition letter" (PDF). Vidacare Corporation. Retrieved 29 February 2016.
- ↑ Zacks Equity Research (4 December 2013). "Teleflex Completes Vidacare Acquisition". Yahoo! Finance. Yahoo! Inc. Retrieved 29 February 2016.