Resmed Completes Acquisition Of Medifox Dan, A German Leader In Out-Of-Hospital Care Management Software Solutions
Nov 22, 2022•about 3 years ago
Acquiring Company
ResMed
Acquired Company
MEDIFOX DAN
Health CareSportsMobile
Description
ResMed (NYSE: RMD, ASX: RMD) today announced it has completed its €958.6 million acquisition of MEDIFOX DAN, a German leader in software solutions for a wide variety of out-of-hospital care providers.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed