Zimmer Biomet Holdings Inc. (NYSE:ZBH) acquired Monogram Technologies Inc. (NASDAQ:MGRM) for $168 million to expand its robotics platform and navigation technologies. The deal is expected to boost Zimmer's offerings with semi- and fully autonomous robotic technologies, but BofA analyst Travis Steed sees limited near-term upside, as the financial benefits will be modest. Zimmer's strong margins limit further EPS upside, and material revenue contributions are not expected until 2027.
Zimmer Biomet Holdings Inc. (NYSE: ZBH) has announced the acquisition of Monogram Technologies Inc. (NASDAQ: MGRM) for $168 million. This strategic move aims to bolster Zimmer Biomet's robotics platform and navigation technologies, integrating semi- and fully autonomous robotic solutions into its suite [1].
The acquisition is expected to enhance Zimmer Biomet's offerings in the orthopedic robotics and navigation technology sectors. Monogram Technologies, an AI-driven robotics company, will contribute to Zimmer Biomet's goal of creating a comprehensive, flexible suite of orthopedic robotics and navigation technologies to meet the needs of surgeons [1].
Despite the promising potential of this acquisition, BofA analyst Travis Steed anticipates limited near-term financial benefits. Steed notes that while the deal could provide modest financial benefits, the primary impact on Zimmer Biomet's earnings per share (EPS) is not expected until 2027 [1].
Zimmer Biomet's strong margins may also limit further EPS upside, as the company's robust financial performance already supports a high level of profitability. The integration of Monogram Technologies' technologies into Zimmer Biomet's portfolio is expected to contribute materially to revenue growth, but these contributions are not anticipated until 2027 [1].
References:
[1] https://www.prnewswire.com/news-releases/zimmer-biomet-announces-second-quarter-2025-financial-results-302523852.html
Comments
No comments yet