MEDTRONIC BUYS ODIN FOR $9M

Medical devices giant Medtronic Inc. has acquired Israeli start-up Odin Medical Technologies Ltd., a developer of MRI systems for brain surgery, for $9 million. $30 million was invested in Odin since it was founded in 1995. Medtronic led Odin's third financing round, in which it raised $4 million at a company value of $30-40 million. Globes (http://www.globes.co.il/serveen/globes/DocView.asp?did=1000126419&fid=1725)