Hologic to Buy Gynesonics

Hologic (Nasdaq: HOLX), a Marlborough, MA-based women’s health company, acquired Gynesonics, a Redwood City, CA-based medical device company focused on the development of minimally invasive solutions for women’s health, for approximately $350M.

With the acquisition, still subject to working capital and other customary closing adjustments, Hologic will expand its offerings.

intrauterine imaging and transcervical treatment of certain symptomatic uterine fibroids, including those associated with heavy menstrual bleeding. The Sonata System combines real-time intrauterine ultrasound guidance with targeted radiofrequency ablation in an incisionless procedure.

Hologic is a women’s health company, focused on developing innovative medical technologies that effectively detect, diagnose and treat health conditions.