Stratrix
On the Record · Stryker

Stryker acquisitions, on the record

The businesses Stryker bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
Cerus Endovascular Limited (Cerus)
Word for word“On May 2, 2023 we acquired Cerus for net cash consideration of $ 289 and up to $ 225 in future milestone payments that had a fair value of $ 192 at the acquisition date.” 10-K for 2023
acquisitionMay 2, 2023net cash consideration of $ 289 and up to $ 225 in future milestone payments
Vocera
Word for word“In February 2022 we completed the acquisition of Vocera for $ 79.25 per share, or an aggregate purchase price of $ 2.6 billion, net of cash acquired ($ 3.0 billion including convertible notes).” 10-K for 2023
acquisitionFebruary 2022$ 79.25 per share, or an aggregate purchase price of $ 2.6 billion, net of cash acquired
Vertos Medical, Inc.
Word for word“In addition we completed the acquisition of Vertos Medical, Inc., a leader in interventional pain management solutions for chronic lower back pain caused by lumbar spinal stenosis.” 10-K for 2024
acquisition——
care.ai
Word for word“Medical also completed the acquisition of care.ai, a virtual care and ambient intelligence solutions platform.” 10-K for 2024
acquisition——
SERF SAS
Word for word“With the acquisition of SERF SAS, we strengthened distribution in key European markets and continue to scale differentiated solutions such as the Novae monolithic dual mobility cup engineered to deliver greater hip stability and reduce dislocation risk.” 10-K for 2024
acquisition——
Inari Medical, Inc.
Word for word“• our ability to integrate and realize the anticipated benefits of acquisitions in full or at all or within the expected timeframes, including our acquisition of Inari;” 10-K for 2024
acquisition——
Guard Medical Inc.
Word for word“In addition, we completed the acquisition of Guard Medical Inc., whose primary focus is on Negative Pressure Wound Therapy for surgical patients.” 10-K for 2025
acquisition——
Advanced Medical Balloons (AMB)
Word for word“Medical also completed the acquisition of Advanced Medical Balloons (AMB), an indwelling fecal management system that specializes in solutions that help enhance care delivery by combining intelligent design with the exceptional properties of ultra-thin polyurethane.” 10-K for 2025
acquisition——
Spinal Implants business
Word for word“In April 2025 we completed the sale of the disposal group to the Viscogliosi Brothers, LLC as further discussed in Note 16.” 10-K for 2025
divestitureApril 2025—
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for acquisitions (net of cash acquired)Goodwill from acquisitions
2016-12-31$4.33 billion$2.33 billion
2017-12-31$831 million$664 million
2018-12-31$2.45 billion$1.47 billion
2019-12-31$802 million$547 million
2020-12-31$4.22 billion$3.56 billion
2021-12-31$339 million$282 million
2022-12-31$2.56 billion$2.32 billion
2023-12-31$390 million$301 million
2024-12-31$1.63 billion$1.15 billion
2025-12-31$4.96 billion$3.27 billion

Deal filings since 2016

Read from Stryker’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-11. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.