Zoll Medical was today revealed as the mystery suitor behind a 35 million bid for Kyma Medical Technologies, a developer of remote cardiac monitoring devices, according to a regulatory filing by Elron Electronic Industries (TASE:ELRN), which owns a stake in Kyma. Elron 1st announced the deal last June but did not name the potential acquirer. The deal includes potential […]
Kyma Medical Technologies
Kyma Medical entertains $35m acquisition offer
Kyma Medical Technologies, a developer of remote cardiac monitoring devices, is entertaining a $35 million acquisition offer from an unnamed suitor, according to a regulatory filing by Elron Electronic Industries (TASE:ELRN), which owns a stake in Kyma. Kyma told Elron that it inked a non-binding letter of intent with “a non-affiliated 3rd party regarding a potential acquisition […]
