MASIMO TO EVALUATE THE SEPARATION OF CONSUMER BUSINESS

24 March 2024

On March 22nd, 2024 Masimo (NASDAQ: MASI), a global leader in noninvasive monitoring technologies and audio products, announced that its Board of Directors has authorized management to evaluate a proposed separation of its consumer business.

The Board and management will evaluate the proposed structure of the separation.

Masimo expects that the separation will include its consumer audio and consumer health products, including the Stork baby monitor and the Freedom smart watch and band. Masimo will retain its professional healthcare and telehealth products.

Masimo Corporation Board of Directors Authorizes Management to Evaluate the Separation of Consumer Business


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