Thursday, October 7, 2021
A company that is co-owned by former classmates at À¶Ý®ÊÓƵ Engineering has hit pay dirt with the sale of its cardiology business for US $1.75 billion.
, which is co-owned by Frank Baylis (BASc ’86, electrical engineering) and Kris Shah (BASc ’86, electrical engineering), announced this week that it has reached a deal with Boston Scientific Corp. that is expected to close in the first quarter of 2022.
Baylis, executive chairman of the Montreal-based business, and Shah, the president, met during a co-op placement during their first year as engineering students at À¶Ý®ÊÓƵ.
Go to Engineering alumni make US $1.75-billion sale for the full story.