August 3, 2016
The firm advised funds owned by Oracle Management and other majority stockholders of Hansen Medical.
Willkie acted as counsel to funds owned by Oracle Management and other majority stockholders of Hansen Medical, Inc. in the acquisition of Hansen Medical by Auris Surgical Robotics, Inc., as well as the related re-investment by such stockholders of their proceeds into Auris. The merger consideration received by such majority stockholders and immediately re-invested into Auris totaled approximately $49 million.
Hansen Medical is a leader in intravascular robotics, developing products and technology designed to enable the accurate positioning, manipulation and control of catheters and catheter-based technologies. Auris is a technology company combining advancements in medical robotics, instrumentation, navigation and data science to build a platform technology capable of expanding the applicability of robotics to a spectrum of medical procedures.
The deal was handled by partner Jeffrey Hochman and associate Ginger Ellison.
