CardieX Limited Acquires Wearable Sensor Startup Blumio, Inc.

November 15, 2022

CardieX Limited (ASX: CDX) acquired the assets of Silicon Valley–based Blumio, Inc., bringing Blumio's cardiovascular wearable sensor algorithms and data analytics into CardieX's CONNEQT and ATCOR product ecosystem. Blumio's CEO Catherine Liao and Head of Product Steve Braaten joined CardieX as part of the transaction; financial terms were not disclosed.

Buyers
CardieX Limited
Targets
Blumio, Inc.
Industry
Medical Devices
Location
California, United States
Transaction Type
Buyout

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