ResMed To Add To Software Offerings With $750M MatrixCare Acquisition
Xconomy
NOVEMBER 5, 2018
San Diego’s ResMed (NYSE: ticker[[RMD]]) announced its intention to buy the privately held tech company on Monday. The purchase price is 25 times MatrixCare’s pro forma 2018 earnings of about $30 million (without taking into account interest, taxes, depreciation or amortization) on anticipated net revenue of about $122 million.
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