Avanos Medical to acquire Nexus Medical.

Avanos Medical, a medical technology company, agreed to acquire Nexus Medical, a medical device company. Financial terms were not disclosed. "This acquisition is a clear extension of our strategy to deliver smarter, safer solutions across the critical care spectrum. We are proud to add the Nexus TKO® technology and the full breadth of Nexus' offerings to our portfolio as we continue investing in meaningful innovation that helps clinicians provide consistent care and improve outcomes for patients who need it most," Dave Pacitti, Avanos CEO.