St. Jude Medical to acquire 2 overseas device firms

St. Jude Medical announced that it has purchased Sweden-based Radi Medical Systems for $250 million and has reached a deal valued at $283 million to buy Israel-based MediGuide. St. Jude Medical is looking to bolster its cardiovascular-device unit as well as its presence in the market for atrial-fibrillation devices with the acquisitions.

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