Masimo (NSDQ:MASI) announced that it successfully completed the previously announced acquisition of Lidco for $40.1 million. Irvine, Calif.-based Masimo acquired 100% of Lidco, a provider of advanced hemodynamic monitoring tech, on Feb. 2, 2021. Lidco was de-listed from the AIM submarket of the London Stock Exchange on Jan. 11 and will be re-registered by Masimo as […]
Lidco
The top 5 MassDevice stories of the week — November 6, 2020
The medical device industry continues to move along — with M&A deals made and earnings reported — even as many people focus on the U.S. presidential election. Want to hear more about the week’s top news? Executive editor Chris Newmarker and Tom Salemi will discuss the week’s “Newmarker’s Newsmakers” — as well as fictional monsters […]
Masimo to acquire Lidco for $40.1M
Masimo (NSDQ:MASI) today confirmed that it is set to acquire advanced hemodynamic monitoring device maker Lidco for approximately $40.1 million. Both companies’ boards confirmed in an announcement that they agreed on the terms of a recommended cash offer to be made by Masimo for the entire issued and to be issued share capital of Lidco, totaling […]
Zimmer Biomet prez, CEO Dvorak unexpectedly resigns | Personnel Moves, July 12, 2017
Zimmer Biomet (NYSE:ZBH) said late yesterday its prez and CEO David Dvorak has resigned from his position at the head of the company, effective immediately, to be replaced on an interim basis by senior VP and CFO Daniel Florin until a permanent successor is named. The Warsaw, Ind.-based company said it is retaining “a leading executive search […]
