Natus Medical to acquire Deltamed for €3.1 million

By Elaine Rigoli

Tampa, Fla., Sept. 6 - Health care company Natus Medical, Inc. has reached a definitive agreement to acquire privately held Deltamed SA and its wholly owned subsidiary, IT-Med, located near Frankfurt.

The transaction is expected to close in about two weeks.

Deltamed, based in Paris, is a manufacturer of medical devices used in the detection of neurological dysfunction, epilepsy and sleep disorders through the use of electroencephalograph and polysomnography technologies.

Natus, located in San Carlos, Calif., has agreed to acquire Deltamed for €3.1 million. Under terms of the acquisition, Natus will retain Deltamed's operations as well as its direct sales channels in France and Germany. Deltamed founder Robert LeGuen will continue as managing director of the organization.

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