Medtronic

Medtronic

Medtronic, Inc. , based in suburban Minneapolis, Minnesota, is the world's largest medical technology company and is a Fortune 500 company. Medtronic was founded in 1949 in a garage in northeast Minneapolis by Earl Bakken and his brother-in-law Palmer Hermundslie as a medical equipment repair shop. They originally wanted to sell basketball pumps due to a shortage in the Midwest in the 20th century. Bakken began as a graduate student in electrical engineering at the University of Minnesota before he gave up his studies to focus on Medtronic. Through their repair business, Bakken came to know...
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quick facts
NYSE symbol:MDT
Founded:1949
Headquarters:Minneapolis, Minnesota
Annual revenue:$14,599,000,000
Net income:$2,169,000,000
Operating income:$4,322,000,000
Market cap:$57,000,000,000
Employees:38,000
Industries:Health care, Electromedical and Electrotherapeutic Apparatus, Medical Equipment and Supplies Manufacturing

Revenue history for Medtronic

RevenueDate
$14,599,000,000 April 24, 2009
$12,299,000,000 April 27, 2007
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Net income history for Medtronic

Net IncomeDate
$2,169,000,000 April 24, 2009
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Headquarters of Medtronic

Minneapolis
Minneapolis
Population:382,578

Minneapolis , nicknamed "City of Lakes" and the "Mill City," is the county seat of Hennepin County, the largest city in the state of Minnesota, and the 48th largest in the United States. Its name is attributed to the city's first schoolteacher, who combined mni, the Dakota word for water, and...
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Current Medtronic board members

Arthur D. Collins Jr.
Arthur D. Collins Jr.
Board member since:1994

Mr. Collins has been CEO of Medtronic since April 2001 and chairman since April 2002. He joined the company in 1992 as president, Medtronic...
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William R. Brody
William R. Brody

William Ralph Brody is an American radiologist and academic administrator. He is the President of the Salk Institute and former President of The...
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Shirley Ann Jackson
Shirley Ann Jackson
Board member since:2002

Shirley Ann Jackson, 61, is president of Rensselaer Polytechnic Institute. She is a member of IBM’s Directors and Corporate Governance...
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Arthur D. Collins Jr.
Arthur D. Collins Jr.
Board member since:August 2007

Mr. Collins has been CEO of Medtronic since April 2001 and chairman since April 2002. He joined the company in 1992 as president, Medtronic...
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Divisions of Medtronic

Division Name
Medtronic A
Vitatron Finland Oy
Medtronic of Canada Ltd
Vitatron Medical Espana SA
Magnolia Medical LLC
Medtronic Limited
Medtronic Sofamor Danek Australia Pty. Ltd
Carmel Biosensors Ltd
Medtronic Italia S.p.A.
Medtronic Vascular Holdings Ltd
Medtronic Czechia s.r.o.
Medtronic VT LLC
SpinalGraft Technologies LLC
Medtronic Physio-Control Limited
Medtronic USA, Inc
Transneuronix International GmbH
Medtronic CV LLC
Kyphon Iberica, S.L.
Medtronic S. de R.L. de C.V. (Mexico City)
Kyphon Nippon K.K.
Medtronic Hungaria Kereskedelmi Kft
Medtronic Angiolink Inc
Medtronic International Trading Sarl
Medtronic B.V.
Medtronic Sofamor Danek (NZ) Ltd
MiniMed Distribution Corp
Vitatron Portugal - Com
Medtronic Medical Technology Ticaret Sirketi
Medtronic Sofamor Danek Deggendorf GmbH
Physio-Control Manufacturing, Inc
Medtronic Ablation Frontiers LLC
Fundacion Medtronic Aula Miguel Servet
Kyphon Americas, Inc
Medtronic Korea Co Ltd
Medtronic Endonetics Inc
Ablation Frontiers LLC
CorMedica Corp
Medtronic Portugal - Com
Medtronic Vascular Galway Ltd
Vitatron A.G.
Kyphon Ireland Research Holding
Medtronic Servicios S. de R.L. de C.V.
Medtronic World Trade Corp
Kyphon Switzerland GmbH
Medtronic InStent (Israel) Ltd
Medtronic Australasia E.S.P. Co Pty. Ltd
Medtronic International Ltd
CryoCath Europe B.V.
Medtronic Belgium S.A./N.V.
NDI Medical, Inc
Vitatron U.K. Ltd
Medtronic Mexico S. de R.L. de C.V. (Tijuana)
Medtronic Sofamor Danek USA Inc
Restoragen, Inc
Medtronic AF Acquisition LLC
IGN GmbH
Medtronic Navigation, Inc
Kyphon Cayman Ltd
Medtronic Europe Sarl
Medtronic Functional Diagnostics Zinetics, Inc
Fondazione Medtronic Italia
Medtronic (Schweiz) A.G. (Medtronic (Suisse) S.A.)
Medtronic Vertelink Inc
Vitatron Belgium S.A./N.V.
Medtronic Xomed U.K. Limited
Vitatron GmbH
Arterial Vascular Engineering Canada Co
Kyphon UK Limited
Medtronic LLC
Avecor Cardiovascular
Medtronic Ireland Holdings Co
Medtronic Spinal & Biologics Europe BVBA
Medtronic China, Ltd
Medtronic MiniMed Inc
Medtronic Spine International Holding Co
Sanatis GmbH
Medtronic Oesterreich G.m.b.H.
Medtronic Transneuronix Inc
Medtronic CryoCath Inc
Kyphon Europe BVBA
Medtronic Finland Oy
Medtronic G.m.b.H.
Ovum Ventures GmbH
Vitatron GmbH
Medtronic (Thailand) Limited
Vitatron Denmark A/S
Medtronic do Brasil Ltda
Vitatron Japan Co., Ltd.
Arterial Vascular Engineering UK Limited
MRM Merger Corp
Medtronic Lifelink MD, Inc
Medtronic Sofamor Danek (UK) Ltd
Cardiotron G.m.b.H.
Medtronic Ireland Manufacturing Ltd
Medtronic Urinary Solutions Inc
Medtronic Synectics Aktiebolag
Societe De Fabrication de Material Orthopedique En Abrege Sofamor
Medtronic Pacific Trading, Inc
Medtronic Treasury Management, Inc
Synectics Medical Limited
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Frequently Asked Questions

  • Q:
    What is the stock ticker symbol and exchange for Medtronic?
  • A:
    The company's ticker symbol is "MDT" listed on the NYSE stock exchange.
  • Q:
    Who are the Board Members at Medtronic?
  • A:
    A few Board Members include:
    - Arthur D. Collins Jr., Board Member
    - Gordon M Sprenger, Board Member
    - James T Lenehan, Board Member
    - Michael R Bonsignore, Board Member
    - Robert Pozen, Board Member
    - Jack W Schuler, Board Member
    - Kendall J Powell, Board Member
    - David L Calhoun, Board Member
    - William A Hawkins, Board Member
    - William W. George, Chairman
  • Q:
    Which year was Medtronic founded?
  • A:
    The company was founded in 1949.
  • Q:
    Which market sectors does Medtronic compete?
  • A:
    The company competes in Health care, Electromedical and Electrotherapeutic Apparatus and Medical Equipment and Supplies Manufacturing.
  • Q:
    Where is Medtronic's corporate headquarters?
  • A:
    The company's headquarters is located in Minneapolis, Minnesota.
  • Q:
    Which companies invested in Medtronic?
  • A:
    Medtronic raised venture capital from Morgenthaler Ventures and InterWest Partners.
Medtronic Photo Gallery

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