ArchiMed Group plans to acquire Natus Medical for $1.2 billion

Natus Medical has achieved a deal worth $1.2 billion offered by France-based ArchiMed Group. The deal would remove Natus Medical from public trading, NASDAQ.

Natus Medical has achieved a deal worth $1.2 billion offered by France-based ArchiMed Group. The deal would remove Natus Medical from public trading, NASDAQ. It had gone public in July 2001 with a $55 million initial public offering. Following its exit, the shareholders of the company will receive $33.50 in cash. The deal would be completed by the third quarter of this year. 

Natus Medical was founded in the 1980s in Wisconsin. It offered a wide variety of software and medical devices in the areas of hearing aid, neurological care and newborn care. The current CEO of the startup is Thomas Sullivan. Post this acquisition, Natus Medical will continue to cater to the patients affected by brain disorders and the eight sensory nervous systems. 

Natus Medical has so far acquired five organisations. In 2006, they acquired Deltamed S.A. This was followed by Hawaii Medical in 2009. In the same year, they also acquired Alpine Biomed. Later, in 2013, they acquired Grass Technologies Product Group. Their latest acquisition was of RetCam Ophthalmic Imaging System in 2016. 

ArchiMed on the other hand has acquired 21 organisations. This includes Direct Healthcare Group, ActiGraph, NAMSA, Stragen, Suanfarma Biotech, Xpress Biologics, Cube Biotech, Cardioline, CARSO Group and the latest addition Natus Medical.

Tags : #NatusMedical #ArchiMedGroup #ThomasSullivan #alert #acquisition #smitakumar #medicircle

About the Author

Priyal Shah

Priyal Shah is a graduate of Media from Mithibai College, Mumbai. She is a writer, researcher and avid reader.

Related Stories

Loading Please wait...


Trending Now

Traditionally, men were seen as more profit-oriented in business, but now women are proving they are equally capable - Rahul Jain, a top Indian business coach.September 25, 2023
4-Year-Old Girl Gets New lease of life at American Oncology Institute (AOI) Hyderabad with Haploidentical Stem Cell Transplantation September 25, 2023
Silver Oaks International Schools to provide succor to the underprivileged through its ‘Silver Oaks Street Store’ initiative!September 25, 2023
Sri Pullela Gopichand addressing freshers at OMC, emphasised on focussing on goals to achieve success! September 25, 2023
Fall Prevention Experience Centre for the Elderly Inaugurated at LVPEISeptember 25, 2023
Your Retina, Your Responsibility: 5 Tips For Maintaining Eye HealthSeptember 25, 2023
Puducherry Government's Noble Initiative: Empowering Underprivileged Students in Medical EducationSeptember 23, 2023
Title: From Dialysis to Freedom: Aditi's Inspiring kidney Transplant StorySeptember 23, 2023
Narayana Health Achieves Guinness World Record with 3,797 ECGs Conducted in a DaySeptember 23, 2023
Beyond Spoken Words, The Beauty of Sign Language: Celebrating the International Day of Sign LanguageSeptember 23, 2023
Dengue: Symptoms, Warnings & NS1 antigen TestSeptember 23, 2023
EQUIPPP welcomes Mr. Guru R. Sowle as an AdvisorSeptember 23, 2023
Exploring Patient Safety : Empowering patients , Ensuring safetySeptember 22, 2023
Manipal Hospitals Expands Its Footprint: A Game-Changer for Healthcare in Eastern IndiaSeptember 22, 2023
Empowering Palliative Care: Workshop Highlights from Pain Awareness Month 2023September 22, 2023
Studying Alzheimer's 7 Stages on World Alzheimer's DaySeptember 21, 2023
AIIMS Takes the Lead in Transforming Indian Healthcare with 'Ayushman Bhav'September 21, 2023
New study finds stressful jobs may double heart disease risk in womenSeptember 21, 2023
Global Women’s Health Innovation Conference 2023September 21, 2023
Our favourite cheese might just be a delicious way to boost our brainpower: Japanese Study Reveals Surprising FindingsSeptember 20, 2023