M&A Deal Summary

CardieX Acquires Blumio

On November 15, 2022, CardieX acquired information technology company Blumio

Acquisition Highlights
  • This is CardieX’s 1st transaction in the Information Technology sector.
  • This is CardieX’s 1st transaction in the United States.
  • This is CardieX’s 1st transaction in California.

M&A Deal Summary

Date 2022-11-15
Target Blumio
Sector Information Technology
Buyer(s) CardieX
Deal Type Add-on Acquisition

Target

Blumio

San Francisco, California, United States
Blumio is a developer of advanced algorithms and technology for cardiovascular sensors, signifying the company's continued investment in cardiovascular health monitoring technologies. Blumio was founded in 2015 and is based in San Francisco, California.

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Buyer(S) 1

Buyer

CardieX

Sydney, Australia

Category Company
Founded 1994
Sector Information Technology
Revenue 11M AUD (2024)
DESCRIPTION

CardieX is a health technology company that focuses on hypertension, cardiovascular disease, and other arterial health disorders. The company's Atcor division provides specialist medical devices for measuring arterial stiffness and central blood pressure waveforms based on its unique FDA-cleared and patented SphygmoCor technology. CardieX was founded in 1994 and is based in Sydney, Australia.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2022 M&A 1 of 1