Medtronic to Invest About $700 Million in Cornerstone Robotics
Cornerstone Robotics said in a press release that it has formed a partnership with Medtronic, including a Medtronic investment of about $700 million. Medtronic will also gain rights to distribute Cornerstone Robotics' Sentire⢠surgical system in selected markets outside the United States where the system has regulatory approval.
Cornerstone Robotics was founded and is headquartered in Hong Kong. The agreement pairs its surgical robotics system with Medtronic's international distribution network for approved markets covered by the deal.
We hope you enjoyed this article
Consider subscribing to one of our newsletters like Enterprise AI Brief, Robotics Brief or Daily AI Brief.
Also, consider following us on social media:
More from Enterprise
Sep 11 Evergreen Digital Media Invests in Adwave and Licenses AI Ad Platform Sep 11 Rime to Power Dialpad Voice AI Products Sep 11 Ultima Genomics and NVIDIA Collaborate on Pangenome Sequencing Analysis Sep 11 Zettabyte and Raku Plan Renewable Energy AI Data Centers in Asia Sep 11 DCM Services and AKUVO Partner on Estate RecoveryMore from Robotics
Sep 13 Hyundai Activates Autonomous Driving Data Flywheel Sep 10 HavocAI and CSBC Plan Autonomous Vessel Production in Taiwan Sep 10 Voxel Appoints Three Executives to Lead Revenue and AI Operations Sep 10 Telit Cinterion to Demo Automated Robot Fault Recovery at IMTS 2026 Sep 10 Pony AI and Verne Begin Driverless Robotaxi Tests in ZagrebRobotics Brief
Weekly coverage of AI-driven robotics advances in industrial automation, autonomous vehicles, and robotic systems.
Industry analysis
2025 Global Business Services Agenda: Gen AI Takes Center Stage
This industry analysis by The Hackett Group explores the transformative impact of generative artificial intelligence (Gen AI) on global business services (GBS) in 2025. The study highlights the shift from exploration to acceleration of Gen AI initiatives, with 89% of executives advancing these projects to improve customer satisfaction, innovate products, and reduce costs. The report also discusses the challenges and strategies for successful Gen AI adoption, emphasizing the need for a technology-enabled operating model and the importance of reskilling the workforce.
Read moreYou may also like
Enovis Makes Binding Offer to Acquire eCential Robotics
Norbert Health Raises $14 Million for Robotic Nursing Assistants
FORT Robotics to Go Public Through Newbury Street II Deal
Mech-Mind Robotics Lists in Hong Kong
Memorial Hermann Invests in PartsSource
Daily AI Brief: the AI news that matters, in your inbox.