St. Jude Buys MediGuide, Radi Medical Systems

St. Jude Medical has acquired cardiovascular devicemakers MediGuide and Radi Medical Systems for $283 million and $250 million, respectively. MediGuide is an Israeli company that makes real-time tracking sensors for mounting on needles, guidewires, catheters or other medical devices. Radi Medical Systems manufactures cardiovascular devices that St. Jude does not make, including Radi’s PressureWire guidewire, St. Jude says.