These transactions and related strategic agreements will enable both companies to better align their current and future product development efforts and roadmaps, accelerate time-to-market for new products and position the companies to better address rapidly evolving opportunities in markets including, but not limited to, mobile computing, cloud computing and solid state storage.

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"We feel better about our current product line in the implantable defibrillator area than at any time in the history of Medtronic, " he says.

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However, at current, its something of a headache because a refinery can only output so much of a given product at a time.

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