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Zimmer Announces Acquisition of XtraFix® External Fixation System:

Zimmer Holdings, Inc. announced  that it has acquired Memphis-based ExtraOrtho, Inc., an Innova-financed entity. Founded in 2007 under the name QFx Technologies, Inc., ExtraOrtho Inc. is a medical device company focused on bringing innovation to the Trauma external fixation market.  The deal marks the first liquidation for Memphis-based Innova, as well as the first liquidation for any TNInvestco fund, said Ken Woody, president of Innova..  “This is nice validation of the program and Innova and it's nice that ExtraOrtho came out of local orthopedic talent,” Woody said. To continue reading, click here, here, and also here.