Masimo's CEO Talks Spinoff Amidst Activist Pressure

🔄Masimo plans to spin off its consumer business, which includes audio equipment, baby monitors, and smart watches, to focus on healthcare.

💼The decision to spin off the consumer business is a response to investor demand for separate healthcare and consumer investments.

📈Masimo aims to continue its success in the healthcare industry while also exploring opportunities in consumer health.

💰The spinoff is expected to improve shareholder value by allowing investors to make separate decisions for healthcare and consumer investments.

🌐Masimo is considering options beyond a spinoff, including a joint venture, to meet shareholder demands and expand its reach.

Why is Masimo spinning off its consumer business?

—Masimo is spinning off its consumer business to address investor demand for separate healthcare and consumer investments and to focus on improving healthcare outcomes.

What products are included in Masimo's consumer business?

—Masimo's consumer business includes audio equipment, baby monitors, and smart watches.

What are the benefits of the spinoff for shareholders?

—The spinoff allows shareholders to make separate investment decisions for healthcare and consumer businesses, potentially improving shareholder value.

What other options is Masimo considering besides a spinoff?

—Masimo is considering a joint venture with another group interested in their consumer business.

What is Masimo's focus in the healthcare industry?

—Masimo's focus in the healthcare industry is on improving people's health, reducing healthcare costs, and providing innovative solutions.

00:03Masimo plans to spin off its consumer business, including audio equipment, baby monitors, and smart watches.

01:30Masimo is considering options beyond a spinoff, including a joint venture with another group.

02:47The spinoff is expected to improve shareholder value by allowing separate investment decisions for healthcare and consumer businesses.