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ResMed Buys MatrixCare

San Diego-based ResMed, a developer of software for the healthcare market, has acquired MatrixCare, a developer of long-term post-acute care software. According to ResMed, it will pay $750M for MatrixCare, which it will fund primarily through a credit facility. MatrixCare is epxected to have pro forma net revenue of approximately $122M, and pro for

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