RMD 0.63% $38.11 resmed inc

Ann: ResMed to Acquire Brightree, page-14

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  1. 396 Posts.
    lightbulb Created with Sketch. 11
    @madamswear wrote "....But when it comes to strategic acquisitions in unrelated businesses, history and precedence tells me to be actively lacking in trust...."

    hi madamswear - I don't know why you keep saying that it (Brightree) is an unrelated business?

    From PR Newswire:
    Brightree is the leading business management and clinical software application used by ResMed customers. Its suite of products and solutions complements ResMed's Air Solutions platform and enhances ResMed's delivery of future products and solutions to customers and other market segments. ResMed's potential growth opportunities as a result of the acquisition include expanding into the home health and hospice segments.

    To me it seems like a positive move by RMD, even though the market is probably not going to approve, at least initially.
 
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