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Intuitive Surgical Expands Direct Robotic Operations in Southern Europe
Intuitive Surgical (ISRG) has completed its acquisition of the da Vinci and Ion distribution business from ab medica and its affiliates, taking direct control over operations in Italy, Spain, Portugal, Malta, San Marino, and associated territories. This move integrates approximately 250 new employees and over 470 installed da Vinci systems into Intuitive’s European commercial organization, aiming to enhance customer support and accelerate the adoption of minimally invasive robotic care in Southern Europe. ISRG currently holds a Hold rating with a $570.00 price target from analysts, while TipRanks’ AI Analyst, Spark, rates it as Outperform despite valuation concerns.