{"id":"b0d1e6f8-60fd-44b5-b54b-39433b9c0cfb","slug":"medtronic-acquires-intersect-ent-2022","acquirerCompanyId":"5ed6adff-c714-4880-bb1e-62af35017f4f","acquiredCompanyId":"169123ff-559d-4d05-a305-ac815ba31fc6","acquirerName":"Medtronic","acquiredName":"Intersect ENT","announcementDate":"2021-08-01T00:00:00.000Z","closeDate":"2022-05-13T00:00:00.000Z","status":"completed","structure":"full_acquisition","valuationUsd":"1100000000","valuationBasis":"reported","summary":"Medtronic acquired Intersect ENT for ~$1.1 billion (announced Aug 2021; completed May 13, 2022; FTC required divesting Fiagon), a maker of PROPEL and SINUVA sinus implants. (month-precision announce)","sources":[{"url":"https://news.medtronic.com/2022-05-13-Medtronic-completes-acquisition-of-Intersect-ENT","title":"medtronic-acquires-intersect-ent-2022","sourceName":"Medtronic"}],"verificationPosture":"verified","reviewStatus":"unreviewed","createdAt":"2026-06-24T18:17:07.142Z","updatedAt":"2026-06-24T18:17:07.142Z","acquirerCompany":{"id":"5ed6adff-c714-4880-bb1e-62af35017f4f","slug":"medtronic","name":"Medtronic"},"acquiredCompany":{"id":"169123ff-559d-4d05-a305-ac815ba31fc6","slug":"intersect-ent","name":"Intersect ENT"},"assets":[]}