The Valuation being talked about is around 16 Billion. Which close to 11X times sales and sales has been mostly flat or decreasing. it seems a bit expensive? It seems to be a Health tech play.
Press release for Q1 2021 (ending 31 Dec 2020)
I really don't have an idea why Microsoft is trying to buy this business. Anyone insight from some who is aware of the industry would be helpful. Is it a patent play, a product being acquired into the Microsoft distribution channel or talent acquisition or a little bit of every thing?
2020 Annual report (PDF), if any one wants to take a look.
Submitted April 12, 2021 at 03:04AM by Outside-South5454 https://ift.tt/3mDyqIR