Acquisitions

Acquisitions

SleepMed Snaps Up NovaSom’s Assets

It seemed like a foregone conclusion that Virtuox would snap up NovaSom’s assets at the scheduled bankruptcy auction. However, the auction was canceled after Novasom accepted a $5.5 million offer from SleepMed now owned by BioSerenity Inc. as of September 25th. Not familiar with BioSerenity? They are a high growth […]

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Acquisitions

ResMed Acquires Fast-Growing Korean HME Provider

ResMed announced that is has completed the acquisition of HB Healthcare (HBH) to help millions of South Koreans living with sleep apnea, chronic obstructive pulmonary disease (COPD) and other respiratory conditions. HBH, a fast-growing privately owned South Korean home medical equipment provider, serves both reimbursed and cash-pay customers of sleep […]

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Acquisitions

Brightree Acquires Mobile Delivery Provider Apacheta to Streamline HME Delivery

Brightree has acquired privately held mobile delivery and cloud-based software-as-a-service (SaaS) provider Apacheta Corporation, further expanding the SaaS portfolio of Brightree’s owner, ResMed. Apacheta offers mobile applications that empower companies to automate and streamline business processes in route sales, field marketing, pick-up and delivery, transportation and field services. The terms […]

Acquisitions

ResMed to Acquire Propeller Health for $225 Million

ResMed announced it has entered into a definitive agreement to acquire Propeller Health, a digital therapeutics company providing connected health solutions for people living with chronic obstructive pulmonary disease (COPD) and asthma. Named a “2017 Most Innovative Company” by Fast Company, Propeller helps people and their doctors better manage their […]