ResMed has acquired BiancaMed Ltd, a medical technology company that sells a noncontact device for the monitoring of sleep and breathing in the home and hospital markets. The core of BiancaMed’s proprietary technology is a sensitive motion sensor that can detect respiration and movement without being connected to the human body. ResMed has acquired all of BiancaMed’s shares for cash.

ResMed, which has a long-standing relationship with BiancaMed, having provided seed investment in 2003, is seeking to expand its diagnostic range and patient reach through this strategic acquisition.

“We are committed to innovation in sleep and respiratory medicine and the related co-morbidities by commercializing products incorporating novel technologies,” said Peter Farrell, ResMed’s chairman and CEO. “We have worked closely with BiancaMed for many years and have been investors since their inception in 2003. BiancaMed has exciting technology and a world-class team. We believe there are many opportunities for BiancaMed’s applications that will provide future growth, and we look forward to maintaining and building the BiancaMed team.”