middle.news

ResMed Sells MatrixCare for $490 Million to Sharpen Focus on Sleep Tech

8:24am on Wednesday 8th of July, 2026 AEST Healthcare Technology
Read Story

ResMed Sells MatrixCare for $490 Million to Sharpen Focus on Sleep Tech

8:24am on Wednesday 8th of July, 2026 AEST
Key Points
  • MatrixCare sold for $490 million cash
  • Sale aligns with ResMed's 2030 strategic focus
  • MatrixCare generated $220 million revenue in FY26
  • Proceeds earmarked for share buybacks and corporate use
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about Resmed (ASX:RMD)
OPEN ARTICLE