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Create Free AccountInspira Technologies (IINN) has entered into a definitive agreement to acquire the additive manufacturing electronics (AME) platform and Fabrica businesses from Nano Dimension (NNDM). The total consideration for the transaction is valued at $12.5 million, structured as a $2 million upfront cash payment and up to $10.5 million in deferred payments. These deferred payments are contingent upon net cash proceeds generated over the next 12 months. This strategic move allows Inspira to diversify its operations into the high-tech electronics sector beyond its core respiratory medical device business. To maintain operational focus, Inspira plans to manage its medical division through a dedicated, wholly-owned subsidiary. The acquisition provides Inspira with immediate access to advanced intellectual property and infrastructure. For Nano Dimension, the divestiture offers a cash infusion and enables the company to further streamline its operational focus.