CardioThoracic Systems
AcquiredPublic · Cupertino, United States · Founded 1994
- Headquarters
- Cupertino, California
- Founded
- 1994
- Business Model
- B2B
- Rounds
- 1
- Type
- Public
- Acquisition Date
- Nov 1999
About
CardioThoracic Systems Inc. (CTS) was a Cupertino, California medical device company founded in 1994 by Federico Benetti that developed minimally invasive surgical instruments for coronary artery bypass graft (CABG) surgery, including tissue stabilizers and access platforms used in beating-heart procedures. CTS became a pioneer of MIDCAB (minimally invasive direct coronary artery bypass) technology, competing alongside Heartport in the emerging minimally invasive cardiac surgery market. In September 1999, Guidant Corporation acquired CardioThoracic Systems for a reported $313 million.
Summary
CardioThoracic Systems is a Healthcare company based in Cupertino, United States, founded in 1994. Investors include The Vertical Group and New Enterprise Associates.
Funding & Exit History
Nov 1999
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Funding, valuations, and company events, with amounts and investors where available.
Investors
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