Announced
Completed
Financials
Sources
Tags
United States
sleep and respiratory care
cloud-based software
diagnostics
Health Care Services
Acquisition
Domestic
Private
Majority
Completed
Friendly
Single Bidder
Synopsis
ResMed, a provider of cloud-connected medical devices that transform care for people with sleep apnea, COPD and other chronic diseases, completed the acquisition of Somnoware, a provider of sleep and respiratory care diagnostics software. Financial terms were not disclosed. “I’m thrilled to join forces with ResMed and embark on a shared mission of guiding people toward better sleep and improved breathing. Our partnership will open new avenues to help physicians with the critical task of chronic care management.Together, we are committed to driving innovation and delivering solutions that improve the health of patients with sleep disorders and other chronic respiratory diseases,” Subath Kamalasan, Somnoware Co-Founder and CEO.
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