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Colorado's Zynex makes $31M acquisition to boost patient monitoring

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Colorado's Zynex makes $31M acquisition to boost patient monitoring
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Colorado medical technology company Zynex, Inc. (Nasdaq: ZYXI) announced that it has acquired another local patient monitoring company in a $31 million deal. Englewood’s Zynex specializes in manufacturing and selling noninvasive medical devices for pain management, rehabilitation and patient monitoring. "I am very excited to add several laser-based pulse oximetry monitoring products to our portfolio of noninvasive blood, fluid, and sepsis monitors," said Thomas Sandgaard, founder, chairman and CEO of Zynex, said in a statement.