The amount of the deal was not disclosed.
Meraqi extends Viant’s expertise in front-end design and development for interventional technologies and bioelectronics, and expands Viant’s platform within minimally invasive surgical devices. Meraqi also adds a West Coast design and development (D&D) hub to Viant’s East Coast D&D Center and global network of manufacturing sites.
Since partnering with Water Street Healthcare Partners and JLL Partners in 2016, Viant has become one of the world’s premier outsourced manufacturers of medical devices. The company has expanded its portfolio of design, development, and manufacturing capabilities to offer end-to-end solutions to medical device organizations. Most recently, Viant announced the appointment of Alton E. Shader, a veteran medical device leader, to chief executive officer to accelerate the company’s strategic expansion.
It is the fourth acquisition that the company has completed in two years to expand its clinical market expertise, global footprint, and portfolio of solutions.
Founded by Al Hershey, Meraqi is a medical device design, development and manufacturing services firm that provides expertise in bioelectronics and interventional and minimally invasive surgical devices. The company provides everything from early brainstorming, concepting, and prototyping to clinical and commercial manufacturing.