DEPLOYDatabase

Company

Wright Medical Group

Wright Medical Group N.V.

Founded
1950
HQ
Memphis, TN, USA
Status
acquired (by Stryker, 2020)

The verified answer

As of Sep 2026, DEPLOY verifies Wright Medical Group: $7.3B raised, 1 active incident. 1 source back the record.

Funding

$7.3B

Employees

975

Overview

Wright Medical Group N.V. (formerly NASDAQ: WMGI) was a global medical device company specializing in upper and lower extremities (shoulder, elbow, wrist, hand, foot, ankle) and biologics, headquartered in Memphis, Tennessee. Founded in 1950, the company merged with Tornier N.V. in 2015 in a USD 3.3 billion tax inversion deal and was acquired by Stryker in November 2020 for approximately USD 4 billion. Wright Medical also developed preoperative planning technology and had a robotics program through its acquisition of IMASCAP

Verified record

Verified deployments
None on file
Active incidents
1 incident on file

Valuation of record

DEPLOY VERIFIED
$4B (reported, approximate)as of Nov 2020

AcquisitionAcquired by Stryker

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Key facts

HQ

Memphis, TN

CEO

Robert J. Palmisano (President and CEO, 2011-2020)

Tickersee public companies

Formerly NASDAQ: WMGI (delisted after Stryker acquisition)

Acquired by

Stryker (NYSE: SYK) for ~USD 4 billion, completed Nov 11, 2020

Tornier merger

USD 3.3 billion all-stock merger of equals, completed 2015

Specialty

Upper extremities (shoulder, elbow, wrist, hand) and lower extremities (foot, ankle) and biologics

IMASCAP acquisition

Acquired IMASCAP SAS for USD 88 million in 2019 for surgical planning and robotics

Hip implant controversies

Conserve, Profemur, and Dynasty metal-on-metal hip implants faced FDA scrutiny, recalls, and lawsuits

Data & sources

Web sources

1

1 source backing this record.View all →

Partnerships

Every company Wright Medical Group has built with, alongside the ones only announced in a press release.

1 total1 operating1 ended

Most-frequent partners

  1. 1Stryker1× joint4 total

Most recent

  1. with Strykeroperating

Wright Medical Group on the deployment map

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Relationships

Former / Previously (1)

Safety record

1 recall on record (1 serious). Most recent: Sep 2004.

serious
1

Most recent: Sep 2004

Only active incidents are counted. Retracted incidents are excluded from this summary but remain reachable at their canonical URLs.

Full safety record: incidents, sourcing, and exposure data →

Incidents affecting Wright Medical Group (1)

Includes incidents linked directly to this company, to its models, or to deployments of its models or under its operation. Retracted incidents are excluded from this view but remain reachable at their canonical URLs.

Recent coverage

Wright Medical Group in third-party press