Covidien plc was an Irish-headquartered global health care products company and manufacturer of medical devices and supplies. Covidien became an independent publicly traded company after being spun off from Tyco International in 2007.[2] It was purchased by Medtronic in a transaction that closed in 2015. The now-merged company is headquartered in Ireland, where Covidien was based.[3]
History
In 2007, Covidien was formed when Tyco International spun off its health care business.[4]
In 2009, Covidien acquired Aspect Medical Systems, a manufacturer of brain monitoring sensors and monitors for $210 million.[5]