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New Deal


Announced

Completed

ResMed completed the acquisition of Somnoware.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

sleep and respiratory care

cloud-based software

diagnostics

Health Care Services

Acquisition

Domestic

Private

Majority

Completed

Friendly

Single Bidder

Synopsis

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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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