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Novametrix Announces Merger
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Business New Haven
1/21/2002
By: BNH
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WALLINGFORD - Novametrix announced a merger with Respironics of Pittsburgh, a deal worth an estimated $90 million. It is slated to take effect by the first quarter of next year, officials said. A leading manufacturer of cardiorespiratory equipment, Novametrix employs about 200 technicians, engineers and support staff in two facilities, one on Technology Drive in Wallingford and the other in Norwell, Mass. Novametrix officials say the company has no plans to relocate as a result of its merger with the Pittsburgh medical equipment manufacturer.
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