Integra gains access to competitors technology for $65M

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Integra LifeSciences, a maker of implants and medical devices used in orthopedics, neurosurgery and general surgery, has purchased Ascension Orthopedics of Austin, Texas, for $65 million in cash.

Integra is headquartered in Plainsboro, N.J., and develops technologies for the lower extremities. Ascension develops products for the upper extremities using a proprietary material called PyroCarbon.

Publicly traded Integra reported sales of $732 million in 2010.