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Hill-Rom to pay $2.05B for diagnostics technology company

Jun 17, 2015 - The Deal Pipeline
Board and Executive Moves-Mergers and Acquisitions

Chicago healthcare technology company Hill-Rom Holdings Inc. (HRC) said Wednesday that it would acquire diagnostics technology company Welch-Allyn Inc. in a $2.05 billion transaction.

The deal, which will create a company with about $2.6 billion in revenues and more than $500 million in Ebitda, will also produce one whose portfolio will now include diagnostics and patient monitoring technologies, as well as wound care, surgical products and workflow technology. "As one company, we w...