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Danaher Nears $10B Masimo Acquisition
17 Feb
Summary
- Danaher is reportedly close to acquiring Masimo for nearly $10 billion.
- The deal for the medical monitoring technology company could be announced soon.
- Masimo currently holds a market capitalization of approximately $7 billion.
Life sciences company Danaher is reportedly in the final stages of acquiring medical technology firm Masimo. Sources familiar with the matter indicate the deal could be valued at nearly $10 billion. This potential acquisition of Masimo, known for its medical monitoring technologies, is a significant development in the medtech industry.
The Financial Times reported that an announcement could come as early as Tuesday. However, the report cautions that last-minute complications could still arise. Masimo, with a market capitalization around $7 billion, would represent a major strategic addition for Danaher if the deal is successfully completed at the reported valuation.
