Intuitive Announces Plans to Establish Direct Presence in Italy, Spain, Portugal

Core Insights - Intuitive plans to establish a direct presence in Italy, Spain, Portugal, Malta, and San Marino through the acquisition of da Vinci and Ion distribution businesses in these regions [1][2] - The acquisition is subject to regulatory approvals and is expected to close in 2026 [2][3] - The integration of the acquired businesses will enhance Intuitive's understanding of customer needs and improve patient access to minimally invasive care [3][4] Company Strategy - The acquisition aligns with Intuitive's strategy to invest in expanding its footprint in Europe and to deepen customer relationships [3][4] - Intuitive aims to leverage its direct presence to optimize care delivery and support better patient outcomes [6] Business Operations - Upon completion of the deal, the da Vinci and Ion businesses will be wholly owned by Intuitive and integrated into its European commercial and marketing organization [3][4] - The leadership of the acquired companies has played a significant role in establishing robotic technology in Europe, which will be continued post-acquisition [4][5]