News | News By Subject | News by Disease News By Date | Search News
Get Our FREE
Industry eNewsletter
email:    
   

Masimo Corporation (MASI) No Longer on the Hunt for Big Deals


9/21/2012 9:01:25 AM

Masimo CEO Joe Kiani walks back from earlier comments that the Irvine, Calif.-based patient monitoring solutions company is looking to make a splash on the M&A front. Masimo (NSDQ:MASI) CEO Joe Kiani told investors today that the medical device company isn't weighing any more big moves on the mergers & acquisitions front, a pivot from comments he made earlier this year. Kiani, speaking at Irvine, Calif.-based Masimo's investor day in New York City, said that although he was "bullish" earlier in the year that the company would make some moves on the acquisition front, he has since pulled back from that position.

Read at MassDevice

comments powered by Disqus
   

ADD TO DEL.ICIO.US    ADD TO DIGG    ADD TO FURL    ADD TO STUMBLEUPON    ADD TO TECHNORATI FAVORITES