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Thursday, March 19, 2020

Masimo to acquire German ventilation company

Masimo (NASDAQ:MASI) has agreed to acquire Würzburg, Germany-based TNI medical AG for an undisclosed sum.
The company has developed a ventilation system called the softFlow 50 designed to provide high flow, warmed, humidified respiratory gases to spontaneously breathing patients with serious pulmonary conditions.
The transaction, which will not have a material effect on 2020 earnings, should close next quarter.
https://seekingalpha.com/news/3553541-masimo-to-acquire-german-ventilation-company

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