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September 04, 2015 12:00 AM ET

Healthcare Equipment and Supplies

Company Overview of Volcano Corporation

Company Overview

Volcano Corporation designs, develops, manufactures, and commercializes a suite of precision guided therapy tools worldwide. The company operates in two segments, Medical and Industrial. It offers intravascular ultrasound (IVUS) and fractional flow reserve (FFR) products that enhance the diagnosis and treatment of coronary and peripheral vascular disease by enhancing the efficiency and efficacy of existing diagnostic angiograms and percutaneous coronary interventional and endovascular procedures in the coronary arteries or peripheral arteries and veins. The company’s IVUS products include single-procedure disposable phased array and rotational IVUS imaging catheters; and ChromaFlo stent appo...

3721 Valley Centre Drive

Suite 500

San Diego, CA 92130

United States

Founded in 2000

1,800 Employees

Phone:

800-228-4728

Fax:

858-720-0325

Key Executives for Volcano Corporation

President of Europe, Africa, Middle East and Asia-Pacific Operations
Age: 44
President of Volcano Japan and Representative Director of Japan
Executive Vice President and General Manager of Peripheral Business Unit, Clinical & Scientific Affairs
Executive Vice President and General Manager of Coronary & Systems Business Unit
Age: 38
Executive Vice President of Global Human Resources
Compensation as of Fiscal Year 2015.

Volcano Corporation Key Developments

Volcano Corporation(NasdaqGS:VOLC) dropped from NASDAQ Composite Index

Volcano Corporation will be removed from NASDAQ Composite Index.

Levi & Korsinsky, LLP Notifies Class Action Against Volcano Corporation Board of Directors Regarding the Fairness of the Sale to Royal Philips

Levi & Korsinsky notified investors of Volcano Corporation of claims of breaches of fiduciary duty and other violations of state law against the board of directors of the company in connection with the sale of the company to Royal Philips. A complaint was filed in Delaware state court. Under the terms of the transaction, Volcano shareholders will receive $18.00 in cash for each share of Volcano stock they own. The claims concern whether the Board of Volcano breached their fiduciary duties to stockholders by failing to adequately shop the company before agreeing to enter into this transaction, and whether Royal Philips is underpaying for Volcano shares.

Volcano's Board Seeks To Look For Options

Volcano Corporation (NasdaqGS:VOLC)'s investigation seeks to determine, among other things, whether the Company's Board of Directors failed to satisfy their duties to shareholders, including whether the Board adequately pursued alternatives to the acquisition and whether the Board obtained the best price possible for the Company's shares of common stock.

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