Brief: Ambu Acquires TIMS Medical To Advance Endointelligence
BRIEF-Ambu Acquires TIMS Medical To Advance Endointelligence Sept 14 (Reuters) - Ambu A/S AMBUb.CO:
AMBU ACQUIRES TIMS MEDICAL TO ADVANCE ENDOINTELLIGENCE
PURCHASE PRICE CONSISTS OF AN UPFRONT PAYMENT OF USD 45M AND ADDITIONAL MILESTONE PAYMENTS OF UP TO USD 20M
TIMS MEDICAL IS EXPECTED TO CONTRIBUTE APPROXIMATELY USD 15M IN ANNUAL REVENUE AND TO BE REVENUE GROWTH ACCRETIVE TO AMBU
Further company coverage: [AMBUb.CO]
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