Covidien

Dublin, Ireland Founded: 2007 • Age: 19 yrs Acquired By Medtronic
Medical devices for minimally invasive therapies are provided globally.
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About Covidien

Covidien is a company based in Dublin (Ireland) founded in 2007 was acquired by Medtronic in June 2014.. Covidien has completed 23 acquisitions, including Aspect Medical, Bacchus Vascular and Barrx Medical.

  • Headquarter Dublin, Ireland
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Healthcare → Medical Devices & Diagnostics
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    Medtronic

    (Jun 15, 2014)

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Funding Insights of Covidien

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Covidien

Covidien has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Medtronic. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Medical equipment for treating over 30 chronic diseases is developed.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Covidien

Covidien has strategically engaged in corporate development activities, having acquired 23 companies. Notable acquisitions include Aspect Medical, Bacchus Vascular and Barrx Medical. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Catheter based ablative technology for renal denervation to treat hypertension
2010
Laproscopic soft tissue prosthetic placement solutions
2009
Endoscopic ultrasound delivery systems are developed for needle procedures.
2008
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Covidien

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Covidien Comparisons

Employees
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Competitors of Covidien

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Covidien

Frequently Asked Questions about Covidien

When was Covidien founded?

Covidien was founded in 2007.

Where is Covidien located?

Covidien is headquartered in Dublin, Ireland.

Who is the current CEO of Covidien?

Omar Ishrak is the current CEO of Covidien.

What does Covidien do?

Covidien was founded in 2007 and is headquartered in Dublin, Ireland. Operations focus on the medical devices sector, where products such as surgical tools, respiratory monitoring devices, vascular therapy equipment, antimicrobial dressings, and enteral feeding pumps are developed and supplied. The range includes innovations like the Kangaroo feeding tube with IRIS Technology and the Kangaroo ePump. Acquisition by Medtronic occurred in 2015, integrating these offerings into minimally invasive therapies.

How many acquisitions has Covidien made?

Covidien has made 23 acquisitions, including Aspect Medical, Bacchus Vascular, and Barrx Medical.

Who are Covidien's investors?

Covidien has 1 investor. Key investors include Medtronic.

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