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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