Friday, September 16, 2011

Natus Medical buys sleep diagnostic firm Embla Systems

Natus Medical Inc. said Friday it has acquired Embla Systems LLC, which makes devices used to diagnose sleep apnea.
San Carlos-based Natus (NASDAQ:BABY) bought all the outstanding shares of Embla capital stock for $16.1 million in cash, exclusive of direct costs of the acquisition, according to a prepared statement from the company. Embla had revenue of about $30 million for the fiscal year ending December 31, 2010.

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