3M purchases Arizant for $810M

As it develops its infection prevention division, 3M has announced it will purchase Eden Prairie, MN-based Arizant, which creates warming products using forced air to prevent hypothermia during surgery.

"Arizant and 3M together are a natural fit," says Gary Maharaj, president and CEO of Arizant, in a release. "Arizant's product development and commercialization capabilities will draw on the strength of 3M's global resources in healthcare and its deep technology expertise to provide solutions that help prevent perioperative hypothermia around the world."

This acquisition is the third for the infection prevention division in two weeks. The others, Cogent and Attenti Holdings, are worth $1.5 billion.

- see the 3M release
- read the New York Times blog post
- and here's the Barron's post

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