Viasys to Acquire Ventilator Firm for $98 Million

(Conshohocken, PA, USA) has agreed to acquire Pulmonetic Systems (Minneapolis, MN, USA) for an estimated U.S.$98 million in cash.

Pulmonetic Systems designs, manufactures, and markets portable mechanical ventilators for home health care. The company's LTV ventilator was the first commercially available mechanical ventilator to offer sophisticated respiratory modalities in a laptop-size device.
The LTV series is complemented by a comprehensive line of patient circuits, accessories, and options that meet the needs of both pediatric and adult patients. The company has annual revenues of around $42 million.

"The addition of Pulmonetic Systems to Viasys should accelerate our ability to address patient needs across the continuum of care by adding products and distribution to address home care and emergency medical services,” noted Randy Thurman, chairman, president, and CEO of Viasys. "This acquisition is consistent with our strategy of adding strategically valuable products, technologies, and distribution in the respiratory and neurological markets.”





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Viasys
Pulmonetic Systems