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Medtronic operational headquarters in Fridley, Minnesota, a suburb of Minneapolis. Medtronic was founded in 1949 in Minneapolis by Earl Bakken and his brother-in-law, Palmer Hermundslie, as a medical equipment repair shop. [8] Bakken invented several medical technology devices that continue to be used around the world today. [citation needed]
Earl Bakken. Earl Elmer Bakken (January 10, 1924 – October 21, 2018) was an American engineer, businessman and philanthropist of Dutch and Norwegian American ancestry. He founded Medtronic, where he developed the first external, battery-operated, transistorized, wearable artificial pacemaker in 1957. [ 1][ 2]
Website. www .thebakken .org. The Bakken Museum ( / ˈbɑːkən / BAH-kən) is situated in Minneapolis, Minnesota, United States. Established in 1975 by Earl Bakken, the co-founder of Medtronic, it serves as a science museum. The museum boasts interactive displays covering various topics within science, technology, and the humanities.
1. Johnson & Johnson. Johnson & Johnson's business spans the pharmaceutical and medical device industries. It is one of the more prominent players in both. Its portfolio of products across these ...
Arthur D. Collins Jr. is an American executive, the retired chairman of the board of Medtronic, Inc., and formerly served the company as president and chief executive officer. [1] He is now a senior advisor to Oak Hill Capital Partners [2] and a managing partner at Acorn Advisors, LLC. [3] Collins is also the author of the children's book ...
Winston Roger Wallin (6 March 1926 – 20 December 2010) was an American businessman and philanthropist. He served as chairman and chief executive officer of Medtronic from 1985-1991 [ 1] and as President and Chief Operating Officer of Pillsbury from 1977 to 1985. [ 2] He also formed, along with his wife Maxine, the Wallin Foundation, later ...
Covidien (formerly an independent company known as Covidien plc) is an Irish-headquartered global health care products company and manufacturer of medical devices and supplies. Covidien became an independent publicly traded company after being spun off from Tyco International in 2007. [ 3] It was purchased by Medtronic in a transaction that ...
Medline Industries, LP is an American private healthcare company headquartered in Northfield, Illinois. In June, 2021 it was acquired by a consortium of private equity firms Blackstone, Carlyle and Hellman & Friedman valuing the company at $34 billion in one of the largest leveraged buyouts of all time. [2] [3] It is the nation's largest ...