ETView Medical Bought By Ambu For $16M

June 23, 2016 | Medical devices company ETView Medical Ltd. announced the closing of a deal for the company’s acquisition for $16 million: $12.3 million in cash and the rest in debt. The acquiring company is Ambu A/S, a medium-sized medical devices company listed on the Danish stock exchange at a $1.8 billion market cap. ETView has developed a device that improves the way respirator tubes are inserted into the breathing passages. The company’s respirator tubes contain a camera that makes it possible to view the lung when the tube is inserted in order to verify that the respirator tube is left in the right place. ETView specializes in selective respiration of one lung. ETView’s chairman is Todd Dolinger and its CEO is William Edelman. Founded in 2004, ETView’s chairman is Todd Dolinger and its CEO is William Edelman.