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ResMed to sell software business MatrixCare for $490 million

M&A & RestructuringCompany FundamentalsCorporate Guidance & Outlook
ResMed to sell software business MatrixCare for $490 million

ResMed agreed to sell its MatrixCare software business to Frazier Healthcare Partners for $490 million in cash, as it pivots toward sleep, breathing, and home-based care. The deal is a meaningful portfolio reshaping event that could re-rate near-term focus and capital allocation expectations.

Analysis

ResMed agreed to sell its MatrixCare software business to Frazier Healthcare Partners for $490 million in cash, as it pivots toward sleep, breathing, and home-based care. The deal is a meaningful portfolio reshaping event that could re-rate near-term focus and capital allocation expectations.

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