ResMed has inked a $225 million deal to acquire Propeller Health, in the latest endorsement of Internet-connected devices for healthcare. The acquisition, which is expected to close by the end of March 2019, continues San Diego-based ResMed's (NYSE: RMD) "connected healthcare" push that began about five years ago, as Xconomy chronicled last year.
December 3 2018 8:57 pm