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Medtronic acquiring two heart-valve companies

Medtronic is buying two companies that make equipment for transcatheter heart-valve replacements.
The Fridley-based medical device maker said today that it is spending about $1 billion to buy Ventor Technologies Ltd.

Medtronic is buying two companies that make equipment for transcatheter heart-valve replacements.

The Fridley-based medical device maker said today that it is spending about $1 billion to buy Ventor Technologies Ltd. of Israel and CoreValve Inc. of California.

The companies make technologies for transcatheter heart-valve replacement, a less invasive proceedure for patients who might not be healthy enough for standard heart-valve replacement surgery. The operation is conducted via a small tube that’s inserted into the body.