Teleflex

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Teleflex Incorporated
Public
Traded as NYSETFX
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.teleflex.com
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

Lua error in package.lua at line 80: module 'strict' not found. 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

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  2. Corporate-IR.net
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External links