trending Market Intelligence /marketintelligence/en/news-insights/trending/ij_-wO4W_wE-5OSAkXut-g2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Medical technology company Inogen to acquire New Aera for $70.4M cash

Gauging Supply Chain Risk In Volatile Times

S&P Global Market Intelligence

Cannabis: Hashing Out a Budding Industry

Segment

IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help

The Market Intelligence Platform


Medical technology company Inogen to acquire New Aera for $70.4M cash

Inogen Inc. agreed to acquire privately held New Aera Inc., a manufacturer of portable noninvasive ventilators.

As part of a definitive agreement, Inogen will pay about $70.4 million in cash at closing, with potential earn-out payments of up to $31.4 million based on achieving certain milestones.

Inogen will separately acquire certain intellectual property assets from an affiliate of New Aera in connection with the transaction.

The Goleta, Calif.-based medical technology company expects to complete the transaction in August.

Inogen will incorporate New Aera's Food and Drug Administration-approved Tidal AssistÒ Ventilator, or TAV, system technology into its oxygen concentrators. The company expects the technology to strengthen its position in its core oxygen therapy market and expand its footprint into the noninvasive ventilation market.

In the short to intermediate term, the company also plans to sell TAV systems through its multiple sales channels.