Intuitive Surgical Net Worth is27.6 12-Month Sales Growth (%)
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Company Name: Intuitive Surgical Inc.

Company Type: Public company

Traded As: ISRG, S&P 500

Foundation: 1995

Location: Sunnyvale, California, California, USA

Key People: Gary S. Guthart, CEO , Lonnie M. Smith, Chairman

Industry: Medical Appliances & Equipment

Products: ''da Vinci'' Surgical System

Revenue: url

Operating Income: net income

Num Employees: 935

Homepage: [http://www.intuitivesurgical.com/ www.intuitivesurgical.com]

Intuitive Surgical Inc. is a corporation that manufactures robotic surgical systems, most notably the da Vinci Surgical System. The da Vinci Surgical System allows surgery to be performed remotely using robotic manipulators. The company is part of the Nasdaq-100 and S&P 500. Intuitive Surgical has installed over 1,242 systems worldwide as of July, 2009.Computer Motion was a competitor that merged with Intuitive Surgical in 2003.
The research that eventually led to the development of the da Vinci Surgical System was performed in the late 1980s at non-profit research institute SRI International. In 1990, SRI received funding from the National Institutes of Health. SRI developed a prototype robotic surgical system that caught the interest of the Defense Advanced Research Projects Agency (DARPA), which was interested in the system for its potential to allow surgeons to operate remotely on soldiers wounded on the battlefield.
In 1994, Dr. Frederic Moll became interested in the SRI System, as the device was known at the time. At the time, Moll was employed by Guidant. He tried to interest Guidant in backing it, to no avail. In 1995, Moll was introduced to John Freund, who had recently left Acuson Corporation. Freund negotiated an option to acquire SRI's intellectual property and incorporated a new company that he named Intuitive Surgical Devices, Inc. At that point Freund, Moll, and Robert Younge (also from Acuson) wrote the business plan for the company and raised its initial venture capital. Early investors included the Mayfield Fund, Sierra Ventures, and Morgan Stanley.
The company refined the SRI System into a prototype known originally as "Lenny" (after the young Leonardo da Vinci), which was ready for testing in 1997. As the company's prototypes became more advanced, they were named using da Vinci themes. One was named "Leonardo", and another was "Mona". The final version of the prototype was nicknamed the da Vinci Surgical System, and the name stuck when t

Intuitive Surgical Latest News

BRIEF-Intuitive Surgical board of directors approves a three-for-one stock split

* Intuitive Surgical Inc - ‍trading will begin on a split-adjusted basis on October 6, 2017 Source text for Eikon: Further company coverage:
Posted: August 11, 2017, 1:28 pm

Better Buy: Intuitive Surgical, Inc. vs. Medtronic plc

Investing in medical device companies can be ridiculously profitable. But which stock is the better buy today? We will never know the answer to that question with 100% certainty. But we can get a better idea of what we'd be buying by evaluating the two ...
Posted: August 7, 2017, 4:28 am

Comerica Bank Reduces Position in Intuitive Surgical, Inc. (ISRG)

The value of the investment in ISRG went from $121,795,000 to $134,302,000 a change of 10.3% quarter to quarter. The Cim Llc holds 13,397 shares with $8.50 million value, down from 14,020 last quarter. Intuitive Surgical Inc now has $36.15B valuation.
Posted: August 18, 2017, 7:38 pm

Intuitive Surgical Reports New Employee Option Grants for August 2017

Intuitive Surgical, Inc. (NASDAQ:ISRG) today reported that equity awards, approved by the Compensation Committee of the Board of Directors, which consists entirely of Independent Directors, were made to 126 new employees. Pursuant to NASDAQ Marketplace ...
Posted: August 11, 2017, 1:46 pm

Howard Capital Management Has $281000 Position in Intuitive Surgical, Inc. (ISRG)

FMR LLC now owns 2,277,567 shares of the medical equipment provider's stock worth $1,745,686,000 after buying an additional 75,894 shares during the last quarter. Investors and Traders continue to monitor technical levels of shares of Intuitive Surgical ...
Posted: August 18, 2017, 6:01 pm
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