Respironics buys sleep technology firm Mini-Mitter:
This article was originally published in Clinica
Executive Summary
Murrysville, Pennsylvania-based sleep and respiratory products maker Respironics has agreed to pay $10.5m plus performance-related additional sums for Mini-Mitter Company, of Bend, Oregon. Mini-Mitter makes a range of physiological monitoring products for sleep labs and companies and research institutions involved in clinical trials. These include Actiwatch, a wrist-worn device that tracks a person's sleep-wake patterns, and VitalSense, another monitor worn on the patient that uses wireless sensing devices to record vital signs, such as core body temperature. Mini-Mitter's sales are about $5.5m.