Teleflex, Inc.
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| Public | |
| Traded as | : TFX S&P 400 Component |
| Industry | medical device manufacturing |
| Headquarters | Wayne, Pennsylvania, United States |
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Area served
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150 countries (Global) |
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Key people
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| Revenue | US$1.8 billion as of December 31, 2015 |
| Website | www |
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Footnotes / references |
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Teleflex Incorporated, headquartered in Wayne, Pennsylvania, is an American provider of specialty medical devices for a range of procedures in critical care and surgery. Teleflex has annual revenues of $1.8 billion, operations in 40 countries, and more than 12,000 employees. As of 2012[update], the chairman and CEO of the company was Benson F. Smith. By 2011, the company had substantially realigned to focus on its current business of medical-device manufacture, having undergone several years of active acquisitions and divestitures.
In March 2009, Teleflex sold its marine and industrial instrumentation (gauge) business to Veethree, and planned to exit its Lakewood Ranch, Florida facility. Veethree subsequently continued production of former Teleflex products at its Manatee County, Florida facility and hired approximately 50 workers from Teleflex.
In March 2011, Teleflex sold its marine division, Teleflex Marine, to H.I.G. Capital.
In August 2012, Teleflex substantively finalized an agreement to acquire all assets of the medical device maker LMA International, thereby expanding the company's anesthesia device franchise.
In December 2013, Teleflex completed the acquisition of Vidacare Corporation, integrating Vidacare's intraosseous EZ-IO and OnControl medical devices into Teleflex's Arrow product line.
It was a party in the KSR v. Teleflex patent case decided by the Supreme Court of the United States concerning the issue of obviousness as applied to patent claims.
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