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TechMeme July 8, 2026

Sleep apnea device maker ResMed agrees to sell its software business MatrixCare to PE firm Frazier for $490M in cash; ResMed bought MatrixCare for $750M in 2018 (Puyaan Singh/Reuters)

ResMed is selling its software business MatrixCare to Frazier Healthcare Partners for $490M in cash. ResMed acquired MatrixCare for $750M in 2018. The sale involves ResMed's software business.