Hillrom is paying $130m to snap up Johnson & Johnson-backed respiratory therapy system developer Breathe, which had raised at least $62m in funding.

Medical technology supplier Hillrom has agreed to acquire Breathe Technologies, the US-based respiratory aid developer backed by medical products group Johnson & Johnson, for $130m in cash. Founded in 2005, Breathe has developed a device called the Life2000 Ventilation System. It features a handheld, battery-powered ventilator that undocks from the main tabletop unit to help…

The rest of this content is only accessible to Subscribers.

This content is only accessible to subscribers. If you are a subscriber, please sign in. Otherwise, if you would like to try before you buy and haven't previously taken out a free trial, you can do so below. You can also see details on subscriptions by clicking the Subscription Options button.