Hillrom acquires Breathe Technologies for $130m.

Hillrom, a global medical technology leader acquires Breathe Technologies, a developer and manufacturer of a patented wearable, non-invasive ventilation technology that supports improved patient mobility, for a cash consideration of $130m. Hillrom expects this transaction to close during its fiscal fourth quarter of 2019, subject to customary closing conditions. The transaction is expected to be modestly dilutive in the first year and increasingly accretive thereafter.