About Sorin Group
Sorin Group is a Healthcare company based in Milan (Italy) founded in 1956, and was acquired by Cyberonics in February 2015. Medical devices for cardiac surgery and rhythm management are developed. Sorin Group has completed 2 acquisitions, including Gish Biomedical and Oscor. Its focus areas include Life Sciences, Cardiac and Vascular Disorders, Medical Devices and Therapeutic Devices.
Company details
Sorin Group d.b.a LivaNova, is a medical device company that develops, manufactures, and markets medical technologies for cardiac surgery and for the treatment of cardiac rhythm disorders. The products offered include two major therapeutic areas: Cardiac Surgery (cardiopulmonary products for open heart surgery and heart valve repair or replacement prostheses) and Cardiac Rhythm Management (pacemakers, defibrillators and non invasive monitoring to diagnose arrhythmias and deliver anti-arrhythmia therapies as well as cardiac resynchronization devices for heart failure treatment). Claims that every year, over one million patients are treated with Sorin Group devices in more than 100 countries. Currently, the company is investing in the development of new therapies in the field of Heart Failure and Mitral Regurgitation. Received the Compliance Award in Italy - Sorin Group is recognized as having the Best Compliance Program by Top Legal Corporate Counsel Awards in 2015. Acquired Oscor in March, 2014 for 20M and also invested 20M in Respicardia and 8M in Cardiosolutions. Was acquired by Cyberonics on February 26, 2015.
- Headquarters Milan, Italy
- Stage Acquired
- SectorsHealthcare
- Website sorin.com
- Social LinkedIn X
- Acquired by Cyberonics (Feb 2015)
- Latest Funding Round$499.59K (USD), Grant
Jan 2016
- InvestorsEuropean Union
& 1 more
- Investments & AcquisitionsGish Biomedical
& 1 more
- Acquired byCyberonics
(Feb 2015)
Funding Insights of Sorin Group
- Total Rounds 1
- Last Round Grant — $499,595
- First Round $499,595
(Jan 2016)
- Investors Count 1
All 1 funding rounds of Sorin Group with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2016 | $499,595 | Grant | – | – |
2 investors in total: 2 institutional.
Investors in Sorin Group
Sorin Group has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include European Union and Cyberonics.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium | |
Vagus nerve stimulation therapy is developed for epilepsy and depression. | 1987 | cyberonics.com | Houston, United States |
Investor details for Sorin Group
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Investments & Acquisitions by Sorin Group
Sorin Group has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Gish Biomedical and Oscor.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Managed services for AI and VDI digital workspaces are provided. | oscor.com | Palm Harbor, United States | 1982 | Mar 2014 | $20M | |
Manufacturer of traditional Italian gianduia chocolates and confectionery | gishbiomedical.com | Santa Margarita, United States | 1976 | Jun 2010 | •••• |
Complete acquisition details for Sorin Group
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Timeline of Sorin Group
5 dated milestones of Sorin Group across 60 years, from founding to its latest funding, stage changes and deals.
- Founded Sorin Group is founded.
- Acquisition Acquires Gish Biomedical.
- Acquisition Acquires Oscor.
- Exit Acquired by Cyberonics.
- Funding First funding round of $500K.
Web traffic of Sorin Group
Websites that share an audience with Sorin Group (sorin.com).
Websites whose visitors overlap most with Sorin Group. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| diasorin.com | 100% | 76.8K | #434,252 | View details | |
| biotronik.com | 96% | 128.7K | #316,493 | View details | |
| edwards.com | 93% | 202K | #223,603 | View details | |
| sjm.com | 91% | 1.2K | #13,629,967 | View details | |
| medtronic.com | 83% | 2.6M | #22,622 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 12 similar websites and full traffic analytics for Sorin Group
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- Audience overlap
- Engagement analytics
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Frequently Asked Questions about Sorin Group
Sorin Group was founded in 1956 and raised its 1st funding round 60 years after it was founded.
Sorin Group is headquartered in Milan, Italy. It is registered at Milan, Lombardy, Italy.
Sorin Group d.b.a LivaNova, is a medical device company that develops, manufactures, and markets medical technologies for cardiac surgery and for the treatment of cardiac rhythm disorders. The products offered include two major therapeutic areas: Cardiac Surgery (cardiopulmonary products for open heart surgery and heart valve repair or replacement prostheses) and Cardiac Rhythm Management (pacemakers, defibrillators and non invasive monitoring to diagnose arrhythmias and deliver anti-arrhythmia therapies as well as cardiac resynchronization devices for heart failure treatment). Claims that every year, over one million patients are treated with Sorin Group devices in more than 100 countries. Currently, the company is investing in the development of new therapies in the field of Heart Failure and Mitral Regurgitation. Received the Compliance Award in Italy - Sorin Group is recognized as having the Best Compliance Program by Top Legal Corporate Counsel Awards in 2015. Acquired Oscor in March, 2014 for 20M and also invested 20M in Respicardia and 8M in Cardiosolutions. Was acquired by Cyberonics on February 26, 2015.
Sorin Group has made 2 acquisitions, including Gish Biomedical, and Oscor.
Sorin Group has 2 investors. Key investors include European Union, and Cyberonics.
Yes. Sorin Group was acquired by Cyberonics in February 2015.