Thursday, September 12, 2019
Viant, a leading global services provider to the medical device industry, announced today that it has acquired Meraqi Medical. It is the fourth acquisition that Viant has completed in two years to expand its clinical market expertise, global footprint, and portfolio of solutions.
Headquartered in Silicon Valley, 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. Viant will incorporate Meraqi's engineering expertise and design capabilities into its suite of solutions that support customers with expanding their product offerings, optimizing their supply chains, and improving quality while managing costs.
"Meraqi stands out for its deep technical knowledge, passion for innovation and agility to help customers advance their technologies," said Declan Smyth, president of Franchise, Viant. "Adding Meraqi's expertise to Viant's breadth of capabilities and global scale provides our customers with expanded access to end-to-end solutions for all their medtech needs."
"Joining Viant will give our customers access to a world class, quality focused organization with global manufacturing facilities and scale," said founder Al Hershey. "Additionally, this will enable Meraqi to accelerate the expansion of our capabilities and better serve our customers. Our shared passion for supporting innovative devices to address unmet patient needs and loving what we do makes this a very exciting time for our two companies and for our customers."
Since partnering with Water Street Healthcare Partners and JLL Partners in 2016, Viant has grown to 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.