December 1, 1998 |
Medical technology giant Medtronic Inc. said Monday that it had agreed to acquire Arterial Vascular Engineering Inc. for $3.7 billion, forming the world's largest stent manufacturer. Stents--small wire mesh tubes that support coronary blood vessels weakened by disease--constitute the fastest-growing market in the $130-billion medical devices business. Santa Rosa-based Arterial Vascular is one of a handful of companies riding a powerful wave of stent growth.
April 14, 1998
* Pasadena-based Jacobs Engineering Group Inc. reported net income for the second quarter ended March 31 of $13.3 million, or 51 cents per diluted share, compared with $11.4 million, or 44 cents, a year ago. * Closely held Greens Inc. Printers & Lithographers of Long Beach has named Janet Green chief executive. * Global Motorsport Group Inc.
June 17, 1998 |
Boston Scientific Corp., a medical device maker and aggressive buyer of medical technology companies, said Tuesday that it has agreed to acquire the Schneider Worldwide unit of drug giant Pfizer Inc. for $2.1 billion in cash. The acquisition would give Boston Scientific new products and bolster its expected entry this summer into the booming market for stents, small wire-mesh tubes that support weak blood vessels in the heart.
May 5, 1998 |
Beginning here are brief descriptions of companies appearing at or near the tops of the tables in this section. They were written by Bob Bedolla, a freelance writer in San Francisco, and are based on research from Hoover's Handbook and Bloomberg News. More information about these companies and descriptions of other California companies are available from the sources listed on Page 4. Aames Financial Corp.