Masimo (NASDAQ: MASI), a global leader in innovative noninvasive monitoring technologies, announced Thursday 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.
Read the full article: Masimo Announces Agreement to Acquire TNI medical AG //
Source: https://www.businesswire.com/news/home/20200319005773/en/Masimo-Announces-Agreement-Acquire-TNI-medical-AG