4 ms·
Can someone please explain why Apple doesn't just buy Masimo in a fight like this? Their market cap is like 5% of Apple's annual profit...
by paultopia 2y ago
Can someone please explain why Apple doesn't just buy Masimo in a fight like this? Their market cap is like 5% of Apple's annual profit...
- adtac 2y agoso that the next company won't sue
- sxg 2y agoMasimo's CEO and board have to approve the purchase, but it appears that Masimo isn't interested in being bought.
- MBCook 2y agoThe CEO wasn’t. Rumors were he was single-handedly refusing to listen to any offer, which is why (supposedly) he was pushed out recently. Somewhat surprising a deal wasn’t made after that. Perhaps Apple though this would strengthen their bargaining position and was waiting to see how this would go.
- dagmx 2y agoThe CEO has resigned as of a month ago (or forced out rather) The primary investors seem quite upset with his handling of this. Rumours are that he was hostile to a buyout but in his lawsuit has also invalidated a lot of their own patents. So it’s a pyrrhic victory at best for him. I assume the new CEO will be expected to look to play better and reduce the damage.