# Smith+Nephew acquires Blue Belt Technologies: acquisition

Canonical ID: `65f6fb19-d706-4eeb-8b89-0491edc22889`

Smith+Nephew acquired Blue Belt Technologies (~$275M, 2015), the Navio handheld robotics platform that became the CORI surgical system.

- **Structure:** full acquisition
- **Status:** completed
- **Valuation:** $275.0M (reported, approximate)
- **Verification posture:** verified

## Parties

- **Acquirer:** [Smith+Nephew](https://registry.deploy.report/companies/smith-nephew.md)
- **Acquired:** Blue Belt Technologies _(off-registry)_

## Timeline

- **Closed:** 2015-01-01

## Acquired assets (1)

- **product line:** Navio / CORI handheld surgical-robotics platform

## Sources (1)

1. https://www.smith-nephew.com/


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