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Masimo

Masimo is a U.S. medical-technology brand specializing in noninvasive patient monitoring, sensors, connectivity, and healthcare automation.

Last updated November 4, 2026

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Overview

Masimo is an American medical-technology company and healthcare brand headquartered in Irvine, California. Founded in 1989 by engineer Joe Kiani, the company built its reputation around noninvasive physiological monitoring, particularly pulse oximetry intended to remain reliable during patient motion and low-perfusion conditions. Its core Signal Extraction Technology, commonly known as Masimo SET, uses signal-processing techniques to separate arterial signals from noise and venous interference. The technology became the foundation for a large installed base of hospital monitors, OEM monitoring modules, reusable and disposable sensors, and connected clinical systems. Masimo primarily serves hospitals, emergency medical services, outpatient and procedural environments, home-care providers, physician offices, long-term-care facilities, and veterinary customers. Its portfolio covers bedside, handheld, wearable, and remote monitoring. Major technology areas include pulse oximetry, pulse co-oximetry, noninvasive hemoglobin and blood-constituent monitoring, acoustic respiration-rate measurement, brain-function monitoring, regional oximetry, capnography, gas analysis, hemodynamic monitoring, telehealth, and hospital connectivity. The company sells directly and through distributors, while also licensing or supplying technologies to original-equipment manufacturers including major patient-monitoring companies. The Masimo SET platform was introduced in the 1990s and became associated with motion-tolerant and low-perfusion pulse oximetry. Masimo later expanded into rainbow Pulse CO-Oximetry, which uses multiple wavelengths of light to estimate additional parameters such as total hemoglobin, carboxyhemoglobin, methemoglobin, and oxygen-reserve indicators. Its broader Hospital Automation portfolio has included Patient SafetyNet, Iris Gateway, UniView, Replica, and related connectivity and notification systems designed to move patient data across hospital workflows and support earlier clinical intervention. Masimo also developed products for the home and consumer markets. Masimo SafetyNet was introduced as a remote-care and telehealth platform using connected sensors, smartphones, and a cloud-based service. The company launched the W1 Medical Watch in 2022, extending Masimo’s physiological-monitoring capabilities into a wearable form factor. In 2020, it introduced Bridge, a neuromodulation product intended to help reduce opioid-withdrawal symptoms. In 2023, Masimo received FDA De Novo authorization for a pulse-oximetry-based device designed to provide an alert related to respiratory depression and potential opioid overdose, with prescription and over-the-counter distribution pathways. Masimo became publicly traded in 2007 under the Nasdaq ticker MASI. Its corporate strategy broadened significantly in 2022 when it acquired Sound United, a consumer-audio platform whose portfolio included brands such as Bowers & Wilkins, Denon, Marantz, Polk Audio, Definitive Technology, Classé, and Boston Acoustics. Masimo described the transaction as a way to expand retail distribution, add engineering resources, and create potential connected-home hubs for health services. The diversification produced strategic and governance tensions, and Masimo later agreed to sell the consumer-audio division to Harman International, a Samsung subsidiary, for approximately $350 million in 2025. The company was involved in a prominent patent dispute with Apple concerning pulse-oximetry technology used in Apple Watch products. In October 2023, the U.S. International Trade Commission found that Apple infringed Masimo patents related to light-based blood-oxygen monitoring. The dispute became one of the most visible examples of conflict between a specialized medical-device company and a major consumer-electronics platform. Masimo experienced a leadership transition in 2024 and 2025 following a proxy contest involving activist investor Politan Capital Management. Founder…

History

Masimo was founded in 1989 by engineer Joe Kiani, with Mohamed Diab later contributing as a co-developer. The company emerged from an effort to improve pulse-oximetry reliability in circumstances where conventional systems could be affected by motion, weak circulation, or interference from venous blood. Its early technology work led to Signal Extraction Technology, or SET, a signal-processing platform designed to distinguish the arterial component of an optical signal from noise and other physiological signals. During the 1990s, Masimo commercialized SET-based pulse oximetry through its own monitors, sensors, and technology modules supplied to original-equipment manufacturers. This business model allowed Masimo technology to appear in a variety of hospital-monitoring systems while the company continued developing proprietary sensors and software. The company’s technology became especially associated with monitoring patients in intensive care, operating rooms, neonatal care, emergency medicine, and transport settings. Masimo expanded beyond oxygen saturation measurement in the 2000s. In 2005, it introduced rainbow Pulse CO-Oximetry, a multiwavelength platform intended to estimate additional blood constituents noninvasively. Depending on the device and clearance, the platform could support measurements such as total hemoglobin, carboxyhemoglobin, methemoglobin, perfusion-related indices, and oxygen-reserve indicators. The company also developed spot-check devices such as Pronto-7 and broadened its monitoring portfolio to include capnography, gas analysis, brain-function monitoring, regional oximetry, acoustic respiration-rate monitoring, and hemodynamic technologies. The company became publicly traded in 2007 on Nasdaq under the symbol MASI. Its hospital business developed from individual monitors and sensors into a connected ecosystem. Products such as Root provided an expandable platform for combining Masimo and third-party measurements, while Patient SafetyNet and related software supported remote alarms, centralized surveillance, workflow integration, and escalation of clinically important events. Masimo’s commercial model increasingly emphasized recurring sensor consumption, installed-base expansion, software, connectivity, and long-term hospital contracts. In 2012, Masimo received FDA 510(k) clearance for devices and sensors labeled for newborn screening for critical congenital heart disease when used with physical examination. The company’s PVI technology was also referenced by healthcare organizations in discussions and guidance concerning perioperative fluid management and hemodynamic optimization. These developments reinforced Masimo’s identity as a clinical-monitoring specialist rather than merely a maker of consumer pulse oximeters. Masimo continued to expand into remote and home monitoring. During the COVID-19 pandemic, it introduced Masimo SafetyNet, a telehealth and remote-patient-monitoring system linking sensors with smartphones and a cloud platform. The company also entered the opioid-care field. Bridge, launched in 2020, is a neuromodulation device intended to reduce opioid-withdrawal symptoms. In 2023, the FDA granted De Novo authorization to an additional pulse-oximetry-based device intended to alert to respiratory depression as a potential early indicator of opioid overdose. Masimo’s corporate strategy changed sharply in 2022 with its acquisition of Sound United, a large consumer-audio business whose brands included Bowers & Wilkins, Denon, Marantz, Polk Audio, Definitive Technology, Classé, and Boston Acoustics. Masimo said the transaction could expand retail reach, provide engineering resources, and create connected audio products that might function as hubs for future health services. The acquisition also created a strategic tension between Masimo’s core medical-device identity and its consumer-electronics ambitions. In 2025, Masimo agreed to sell Sound United to Harman International, a subsidiary of Samsung Electronics, for approximately $350 million, refocusing the company on medical technology. Masimo’s history also includes a major intellectual-property conflict with Apple. Beginning in 2020, the companies became involved in litigation and regulatory proceedings concerning pulse-oximetry patents and Apple Watch products. In October 2023, the U.S. International Trade Commission found that Apple infringed Masimo patents related to light-based blood-oxygen monitoring. Masimo asserted that Apple had recruited employees after discussions about a possible partnership; Apple disputed Masimo’s characterization and said it had evaluated multiple vendors. Governance became another major turning point. In 2024, activist investor Politan Capital Management mounted a proxy contest focused on Masimo’s governance, capital allocation, and diversification strategy. Joe Kiani resigned as CEO in September 2024. Michelle Brennan, a Masimo director, became interim CEO, and Catherine Szyman was selected as permanent CEO effective February 12, 2025. Brennan became chair of the board, while Quentin Koffey, associated with Politan, became vice-chair. In February 2026, Danaher announced an agreement to acquire Masimo for approximately $9.9 billion in enterprise value. Masimo shareholders approved the transaction in May, and Danaher completed it on June 10, 2026. Masimo’s stock ceased trading on Nasdaq, and the company became a wholly owned Danaher subsidiary. Danaher stated that Masimo would remain a standalone operating company within its Diagnostics segment, preserving the Masimo brand while combining its monitoring, sensor, connectivity, and artificial-intelligence capabilities with Danaher’s global scale.

  • 2026

    Danaher acquisition is completed

    [8]

    Danaher completed its acquisition of Masimo on June 10, 2026, ending Masimo’s public listing while retaining the operating brand.

  • 2025

    Catherine Szyman becomes CEO

    [4]

    Catherine Szyman became CEO on February 12, 2025, while Michelle Brennan became board chair.

  • 2025

    Sound United sale is announced

    [11]

    Masimo agreed to sell its consumer-audio division to Harman International for approximately $350 million.

  • 2024

    Joe Kiani leaves the CEO role

    [3]

    Founder Joe Kiani resigned as CEO following a proxy contest involving Politan Capital Management.

  • 2023

    FDA De Novo authorization for respiratory-depression alert device

    [1]

    Masimo received FDA De Novo authorization for a pulse-oximetry-based device designed to alert to respiratory depression and potential opioid overdose.

  • 2023

    ITC rules in Masimo’s favor in Apple patent dispute

    [1]

    The U.S. International Trade Commission found that Apple infringed Masimo patents related to light-based pulse-oximetry monitoring.

  • 2022

    Masimo acquires Sound United

    [1]

    The acquisition added a large consumer-audio portfolio and expanded Masimo’s retail and consumer-electronics presence.

  • 2022

    W1 Medical Watch launches

    [10]

    Masimo entered the medical-wearable market with the W1 Medical Watch.

  • 2020

    Bridge neuromodulation device launches

    [1]

    Masimo released Bridge, a neuromodulation device intended to reduce symptoms associated with opioid withdrawal.

  • 2020

    Masimo SafetyNet is introduced

    [1]

    Masimo introduced a remote-care platform using connected sensors, smartphones, and cloud-based monitoring.

Products and positioning

A specialist medical-technology brand positioned around clinically oriented, noninvasive monitoring; sensor and signal-processing expertise; continuous surveillance; hospital connectivity; and increasingly connected care in home and acute-care settings.

  • Signal-processing pulse oximetry · 1995

    Masimo SET

    Masimo SET is the company’s core pulse-oximetry platform. It combines optical sensing with signal-processing algorithms intended to distinguish arterial signals from motion, low-perfusion conditions, and other sources of interference. SET technology is embedded in bedside, handheld, wearable, and OEM monitoring products and supports measurements such as oxygen saturation, pulse rate, perfusion index, and pleth variability index.

  • Multiwavelength blood-constituent monitoring · 2005

    rainbow Pulse CO-Oximetry

    Rainbow Pulse CO-Oximetry extends conventional pulse oximetry by using multiple wavelengths of light to estimate additional blood and physiological parameters. Depending on the cleared device and sensor, the platform can support noninvasive measurements including total hemoglobin, carboxyhemoglobin, methemoglobin, oxygen content, perfusion indices, and oxygen-reserve indicators.

  • Patient-monitoring and connectivity platform · 2013

    Root

    Root is an expandable patient-monitoring platform designed to aggregate measurements from Masimo technologies and selected third-party modules. It functions as a flexible hub for bedside monitoring, connectivity, and clinical applications, and has supported additions such as SedLine brain-function monitoring, O3 regional oximetry, and capnography.

  • Bedside and handheld pulse CO-oximeter

    Radical-7

    Radical-7 is a Masimo patient monitor incorporating SET pulse oximetry and, in compatible configurations, rainbow measurements. It is used in hospital and transport environments for continuous or spot monitoring and can connect with disposable or reusable sensors and broader Masimo clinical platforms.

  • Wireless wearable monitor

    Radius-7

    Radius-7 is a tetherless wearable monitoring system designed to transmit physiological measurements without requiring a conventional wired connection to the bedside monitor. It supports continuous patient surveillance and is intended for hospital workflows where mobility, transport, or reduced cable burden is important.

  • Brain-function monitoring

    SedLine

    SedLine is a brain-function monitoring system that analyzes electroencephalographic activity from both hemispheres to generate an index used by clinicians when assessing anesthetic depth and brain activity during procedures. The system is designed to complement clinical judgment rather than replace it.

  • Remote patient surveillance and notification

    Patient SafetyNet

    Patient SafetyNet is a hospital notification and remote-monitoring system used to support continuous surveillance on medical-surgical and other care floors. It links patient sensors, monitoring infrastructure, and notification workflows so that abnormal conditions can be escalated to clinical staff.

  • Remote patient monitoring and telehealth · 2020

    Masimo SafetyNet

    Masimo SafetyNet is a connected-care platform for remote patient monitoring. It uses compatible sensors, smartphones, and a cloud-based service to transmit physiological data and support clinician oversight outside traditional hospital settings, including home-based and post-discharge care.

  • Medical wearable · 2022

    W1 Medical Watch

    The W1 Medical Watch is a wearable monitoring product that brings Masimo physiological-measurement capabilities into a watch form factor. It was designed to connect consumer-oriented wearability with Masimo’s clinical-monitoring and telehealth ecosystem.

  • Neuromodulation device · 2020

    Bridge

    Bridge is a neuromodulation device intended to reduce symptoms associated with opioid withdrawal. Its introduction broadened Masimo’s portfolio beyond monitoring into a treatment-oriented product category related to substance-use care.

Controversies

  • 2024

    Proxy contest and leadership dispute

    Masimo became the subject of a high-profile governance dispute involving activist investor Politan Capital Management. The contest focused on board composition, capital allocation, corporate strategy, and the Sound United diversification. Founder and CEO Joe Kiani left the CEO role in September 2024, after which Michelle Brennan became interim CEO.

  • 2020

    Masimo sues Apple over Apple Watch technology

    Masimo and its spin-off Cercacor filed suit against Apple, alleging that Apple obtained confidential information and infringed 10 patents by using related inventions in Apple Watch products. The allegations are not presented as a court determination.

Read more

Brand decisions

  • 2026

    Acquisition by DanaherM&A

    Background

    Danaher sought to strengthen its Diagnostics portfolio with Masimo’s pulse-oximetry, sensor, monitoring, connectivity, and artificial-intelligence capabilities.

    Action taken

    Danaher acquired all outstanding Masimo shares for $180 per share in cash and completed the transaction on June 10, 2026.

    Aftermath

    Masimo became a wholly owned subsidiary and standalone operating company within Danaher’s Diagnostics segment; its Nasdaq listing ended.

    enterprise value. Approximately $9.9 billion (February 17, 2026 announcement; completed June 10, 2026)

  • 2025

    Sale of Sound United to HarmanM&A

    Background

    Masimo reassessed the role of consumer audio after governance disputes and a renewed emphasis on patient monitoring.

    Action taken

    Masimo agreed to sell Sound United to Harman International, a subsidiary of Samsung Electronics, for approximately $350 million.

    Aftermath

    The divestiture reduced Masimo’s consumer-electronics exposure and supported a more focused medical-technology strategy.

    announced sale consideration. $350 million (May 2025 announcement)

  • 2024

    Leadership reset after proxy contestStrategy

    Background

    An activist investor challenged Masimo’s governance and diversification strategy, including the company’s involvement in consumer audio.

    Action taken

    Joe Kiani left the CEO role, Michelle Brennan became interim CEO, and the board began a permanent CEO search.

    Aftermath

    The transition led to the appointment of Catherine Szyman as CEO in February 2025 and a subsequent refocusing on medical technology.

  • 2022

    Acquisition of Sound UnitedM&A

    Background

    Masimo sought to expand beyond hospital medical technology into consumer electronics, retail distribution, and connected-home experiences.

    Action taken

    Masimo acquired Sound United, adding audio brands including Bowers & Wilkins, Denon, Marantz, Polk Audio, Definitive Technology, Classé, and Boston Acoustics.

    Aftermath

    The acquisition expanded retail and engineering capabilities but also intensified investor debate over strategic focus and capital allocation.

  • 2022

    Launch of the W1 Medical WatchProduct launch

    Background

    Masimo aimed to extend its monitoring technologies into wearable and consumer-facing formats.

    Action taken

    The company launched the W1 Medical Watch with continuous physiological-monitoring features and links to Masimo platforms.

    Aftermath

    The watch represented Masimo’s most visible move into medical wearables and connected consumer monitoring.

  • 2020

    Launch of Masimo SafetyNetProduct launch

    Background

    The COVID-19 pandemic increased demand for remote monitoring, telehealth, and home-based clinical supervision.

    Action taken

    Masimo launched SafetyNet, linking compatible sensors, smartphones, and a cloud platform for remote patient monitoring.

    Aftermath

    The product established a clearer bridge between Masimo’s hospital monitoring technology and connected home care.

  • 2013

    Introduction of the Root monitoring platformProduct launch

    Background

    Hospitals increasingly required monitoring systems that could combine multiple measurements and connect with software and third-party technologies.

    Action taken

    Masimo introduced Root as an expandable patient-monitoring and connectivity platform.

    Aftermath

    Root became a central platform for adding Masimo modalities such as SedLine, O3, and capnography.

  • 2005

    Launch of rainbow Pulse CO-OximetryProduct launch

    Background

    Masimo sought to extend pulse oximetry beyond oxygen saturation and pulse rate into noninvasive estimation of additional blood constituents.

    Action taken

    The company introduced a multiwavelength platform supporting measurements such as total hemoglobin, carboxyhemoglobin, and methemoglobin on compatible devices.

    Aftermath

    The platform broadened Masimo’s identity from pulse-oximetry supplier to a broader noninvasive monitoring company.

Recent events

  • 2026

    Danaher agrees to acquire Masimo[6]

    M&A

    Danaher announced a definitive agreement to acquire Masimo for $180 per share in cash, representing an enterprise value of approximately $9.9 billion. Masimo was expected to remain a standalone operating company within Danaher’s Diagnostics segment.

  • 2026

    Masimo shareholders approve Danaher transaction[7]

    M&A

    Masimo shareholders approved the merger agreement at a special meeting held May 1, 2026, clearing a major condition to Danaher’s acquisition.

  • 2026

    Danaher completes acquisition of Masimo[8]

    M&A

    Danaher completed the acquisition on June 10, 2026. Masimo became a wholly owned subsidiary, its Nasdaq listing ended, and it continued operating under the Masimo brand.

  • 2025

    Masimo agrees to sell Sound United to Harman[11]

    M&A

    Masimo announced an agreement to sell its consumer-audio division, Sound United, to Harman International, a Samsung Electronics subsidiary, for approximately $350 million.

  • 2025

    Katie Szyman appointed Masimo chief executive officer[4]

    Leadership change

    Masimo appointed Catherine Katie Szyman CEO effective February 12, 2025. Michelle Brennan moved from interim CEO to chair of the board.

  • 2024

    Masimo founder Joe Kiani leaves CEO role[3]

    Leadership change · Other

    Joe Kiani resigned as Masimo’s CEO in September 2024 following a proxy contest involving activist investor Politan Capital Management.

  • 2023

    U.S. ITC finds Apple infringed Masimo pulse-oximetry patents[1]

    Lawsuit · Other

    The U.S. International Trade Commission ruled that Apple infringed Masimo patents related to light-based pulse-oximetry technology used in Apple Watch products.

  • 2023

    Masimo receives FDA De Novo authorization for overdose-related respiratory-depression alert device[1]

    Product launch · Regulation

    Masimo received FDA De Novo clearance for a pulse-oximetry-based device intended to alert users to respiratory depression as a potential early sign of opioid overdose.

  • 2022

    Masimo launches W1 Medical Watch[10]

    Product launch · Product generation

    Masimo introduced the W1 Medical Watch, extending its physiological-monitoring portfolio into a wearable format and linking consumer-facing monitoring with broader Masimo platforms.

  • 2022

    Masimo acquires Sound United[1]

    M&A

    Masimo acquired Sound United, adding a substantial consumer-audio portfolio that included Bowers & Wilkins, Denon, Marantz, Polk Audio, Definitive Technology, Classé, and Boston Acoustics.

Sources22 sources

  1. 1Masimoen.wikipedia.org
  2. 2Masimo Fiscal Year 2025 Form 10-Ksec.gov
  3. 3Masimo Fiscal Year 2025 Form 10-K Amendmentsec.gov
  4. 4Masimo Leadership Transition Filingsec.gov
  5. 5Masimo Investor Day Materialssec.gov
  6. 6Danaher To Acquire Masimo Corporationinvestors.danaher.com
  7. 7Masimo Shareholders Approve Acquisition by Danahermasimo.com
  8. 8Danaher Completes Acquisition of Masimo Corporationmasimo.com
  9. 9Masimo SET is introducedsec.gov
  10. 10W1 Medical Watch launchessec.gov
  11. 11Sound United sale is announcedmasimo.com
  12. 12Masimo sues Apple over Apple Watch technologyfinance.sina.com.cn
  13. 13Masimo sues Apple over Apple Watch technologyimore.com
  14. 14Apple accused of stealing tech for smartwatch from medical device companyscmp.com
  15. 15Apple Sued Again Over Apple Watch For Trade Secrets Theft - SlashGearslashgear.com
  16. 16Apple Sued by Masimo Over Tech Used in Apple Watch: Patent Infringement, Trade Secret Misappropriation, Ownership of Patentstechtimes.com
  17. 17Masimo Partners with Penington Institute to Raise Awareness of Harm from Prescription Opioid Overdosefinanznachrichten.de
  18. 18Masimo Partners With Samsung On Phone Bundlesocaltech.com
  19. 19Masimo sues Apple for stealing patents to develop Apple Watch health featurestechspot.com
  20. 20Masimo宣布旨在协助COVID-19响应努力的远程患者处治解决方案Masimo SafetyNet™全面上市digitalmedianet.com
  21. 21Masimo与大学医院联合发布旨在助力COVID-19响应的新型远程患者处治解决方案Masimo SafetyNet™digitalmedianet.com
  22. 22Masimo與大學醫院聯合發布旨在協助COVID-19回應的新型遠端患者處治解決方案Masimo SafetyNet™digitalmedianet.com

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