- Business
- TransEnterix, Inc. (TRXDW) is a medical device company that develops and commercializes robotic-assisted surgical systems to advance minimally invasive surgery; its flagship Senhance Surgical Robotic System integrates 3D high-definition visualization, haptic feedback, eye-tracking camera control, and Intelligent Surgical Unit for augmented intelligence, supporting laparoscopic procedures in urology, gynecology, general surgery, and other specialties with 3mm instruments, articulating tools, hooks, and ultrasonic energy devices for tissue ligation; the company also pursues next-generation platforms like LUNA for enhanced precision and machine learning-driven insights. Founded in 1995 and headquartered in Durham, North Carolina, TransEnterix, Inc. (TRXDW) operates primarily in North America, Europe, the Middle East, Africa, and Asia, with regulatory clearances including FDA approvals in the United States and CE Mark in Europe. In May 2021, the company rebranded to Asensus Surgical, Inc. to emphasize digital laparoscopy; more recently, in August 2024, KARL STORZ SE & Co. KG completed its acquisition of the company for $0.35 per share in cash, totaling approximately $95 million, integrating Senhance and LUNA development into KARL STORZ's endoscopy portfolio to create a surgical robotics hub while retaining over 200 team members for ongoing R&D and global commercialization.