Ann: ResMed to Acquire Brightree, page-21

@Wobbellee

"Isn't better IT an increasingly vital part of RMDs business, like most businesses (Apple vs Android) today?"

Yes, but have you actually take a look at what specifically (as opposed to generically) in the world of "IT" - out of the broad and vast and varied field that is "IT" - it is that Brightree does?

Or is it a case of "well, its some sort of IT, and its in the healthcare space, so therefore it must fit in with Resmed?"

The "IT" in question here is.... wait for it... business management software and billings systems.

As "IT" goes that fits in as much with Resmed as it does with any company, so do you mean to suggest that I should be happy that our company is now getting into the highly competitive, largely undifferentiated world of business management software?!

And, by the way, if Brightree does in fact make/create/provide some unique IT that Resmed is increasingly using in its products and services, well, then just enter onto a long-term contractual arrangement with Brightree as a supplier to secure the use of whatever those particular "smarts" might happen to be.

But don't just go and freaking spend nearly a billion dollars of shareholder capital to buy the whole company for it!


"I think with their track rcord, they are up to the job."

Lots of track record at running the world's leading and most successful, specialist sleep disorder company. Truckloads of it.

That's why I have been a part-owner of this company for most of my investing life.

But their track record at making large acquisitions in unrelated fields in which Resmed has no demonstrated skillset nor expertise? What track record of this? Where?


I have so many unanswered questions as a result of this announcement....