Masimo Announces Agreement to Acquire TNI medical AG
Masimo Corporation (MASI)
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Source: Business Wire
TNI Allows Masimo to Provide Its Customers with Innovative Pulmonary Care Therapy for Patients Suffering From Respiratory Insufficiency IRVINE, Calif.--(BUSINESS WIRE)--Masimo (NASDAQ: MASI), a global leader in innovative noninvasive monitoring technologies, today announced it has entered into a definitive agreement to acquire TNI medical AG (“TNI”), an innovative ventilation company headquartered in Würzburg, Germany. In August 2019, Masimo disclosed an investment in TNI that included an exclusive option to acquire the company.TNI’s novel softFlow technology is designed to provide high flow, warmed and humidified respiratory gases to spontaneously breathing patients suffering from serious pulmonary conditions. The softFlow technology provides efficient, quiet and comfortable respiratory support by generating a precisely regulated, stable high flow of room air or a mix of room air and oxygen. The system, comprised of an integrated flow generator, respiratory circuit, and patient in
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MASI
Earnings
- 2/27/24 - Beat
MASI
Sec Filings
- 4/26/24 - Form 144
- 4/2/24 - Form DEFA14A
- 4/1/24 - Form DEFA14A
- MASI's page on the SEC website