financetom
Business
financetom
/
Business
/
Merit Medical Systems Buys Biolife Delaware
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Merit Medical Systems Buys Biolife Delaware
May 26, 2025 10:48 AM

08:07 AM EDT, 05/20/2025 (MT Newswires) -- Merit Medical Systems ( MMSI ) said Tuesday it has bought Biolife Delaware for about $120 million.

The acquisition will likely add about $18 million of revenue on an annualized basis starting in fiscal 2026, with a mid-teens growth and accretive non-GAAP margin and profitability profile, Merit Medical Systems ( MMSI ) said.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
CDK dealer software unlikely to be restored before June end, memo says
CDK dealer software unlikely to be restored before June end, memo says
Jun 25, 2024
(Reuters) -CDK Global does not expect the cyber attack-led ongoing outage in its dealer management software, which dealers across the United States use, to be restored before the end of the month, according to a memo seen by Reuters on Tuesday. The car industry technology and software provider would not be able to get all dealers live before June 30,...
Electric-vehicle maker Rivian simplifies output, cuts costs, aiming for first profit
Electric-vehicle maker Rivian simplifies output, cuts costs, aiming for first profit
Jun 25, 2024
(This June 24 story has been officially corrected to say that the 35% material cost saving from van line shutdown was in early 2023, not January 2024, in paragraph 6) By Abhirup Roy NORMAL, Illinois (Reuters) - Electric-vehicle maker Rivian's drive to cut costs and turn its first profit has removed over 100 steps from the battery-making process, 52 pieces...
Intuitive Surgical Unusual Options Activity
Intuitive Surgical Unusual Options Activity
Jun 25, 2024
Investors with a lot of money to spend have taken a bearish stance on Intuitive Surgical ( ISRG ) . And retail traders should know. We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga. Whether these are institutions or just wealthy individuals, we don't know. But when something this...
OFFICIAL CORRECTION-FOCUS-Electric-vehicle maker Rivian simplifies output, cuts costs, aiming for first profit
OFFICIAL CORRECTION-FOCUS-Electric-vehicle maker Rivian simplifies output, cuts costs, aiming for first profit
Jun 25, 2024
(In paragraph 6, company corrects to say 35% material cost saving from van line shutdown was in early 2023, not January 2024) * Factory retooling to save 35% in material cost for vans * CEO sees similar savings for R1 SUVs and pickups * CEO highlights improved manufacturing efficiency * Cost cuts to calm investor nerves - analyst By Abhirup...
Copyright 2023-2026 - www.financetom.com All Rights Reserved