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Subsequent Events
9 Months Ended
Sep. 30, 2023
Subsequent Events [Abstract]  
Subsequent Events

17. Subsequent Event

 

Subsequent to September 30, 2023, we closed an acquisition of a privately held company and signed an asset purchase agreement with another privately held company that is also expected to close in the fourth quarter of 2023. The initial cash consideration for these acquisitions is approximately $102 million with additional contingent consideration of up to $53 million if certain revenue milestones are achieved. These acquisitions provide us new surgical technology and data solutions that can be used in procedures across multiple product categories to better serve our customers. Additional information on these acquisitions have not been provided because they are not expected to have a material effect on our financial position, results of operations or cash flows.