Stryker Agrees to $400 Million Investment, Alliance With CMR Surgical

08:26 AM EDT, 10/12/2026 (MT Newswires) -- Stryker (SYK) has agreed to make a $400 million equity investment in CMR Surgical as part of an alliance between the two companies to promote robotic surgery, the company said Monday. The equity investment grants Stryker an exclusive option to acquire 100% of CMR Surgical's outstanding equity in the future. Under the alliance, CMR Surgical's established platform and robotics expertise will be combined with Stryker's market footprint to promote the growth of CMR's Versius Surgical Robotic portfolio. Stryker will serve as the exclusive US sales agent for the Versius. The deal is subject to regulatory approvals and customary closing conditions, the company said.