Published August 31, 2015 6:11pm EDT | Updated August 31, 2015 7:04pm EDT

Medtronic Acquires Medina Medical For $150 Million

Medtronic PLC said late Monday that it acquired privately-held Medina Medical for $150 million. Menlo Park, Calif.-based Medina makes medical devices that treat vascular abnormalities in the brain, including aneurysms. Medtronic said it does not expect the acquisition to affect earnings for fiscal 2016.