Ventritex
About Ventritex
Ventritex is engaged in the design and manufacture of implantable defibrillators and related products. While the company enjoyed early success in the market, it failed to keep up with competition and began to record losses in 1995. The company also lost market share due to deaths from the use of some of its products. Pacesetter Inc., a subsidiary of St. Jude Medical Inc. acquired Ventritex in 1997. The company is based in Sunnyvale, California.
Company Facts
- Operating status: Active
- Company type: For Profit
- IPO status: Private
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