“These acquisitions position us as a leader in one of the most exciting new markets in medical devices. This prosthesis is based on the previous Evolut R model and specifically designed to mitigate paravalvular leakage. CoreValve, Inc. has been acquired by Medtronic, Inc. Medtronic offers an unmatched portfolio of medical devices for the treatment of cardiovascular diseases including coronary and peripheral artery disease, aortic disease, atrial fibrillation and heart valve disease. Overview. Your email address will not be published. In a move to further expand a comprehensive cardiovascular portfolio, Medtronic, Inc. announced today the completion of its acquisition of CoreValve Inc. CoreValve develops percutaneous, catheter-based transfemoral aortic valve replacement products. The founder of CoreValve, Inc. has sold the company to Medtronic, Inc. for US$700 million plus additional payments contingent upon the achievement of agreed milestones. Medtronic Acquires Ventor Technologies Ltd. “The acquisition of CoreValve gives additional momentum to our strategies for growth and will improve the quality of care for more than 300,000 people worldwide with severe aortic stenosis,” said Bill Hawkins, chairman and CEO of Medtronic. 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