Masimo Expands Operations, Jobs

Medical technology company Masimo has recently expanded its Irvine, CA, headquarters with the addition of an adjacent 32,000 sq. ft. building-the company's third building at its corporate campus.

The move is expected to result in a number of new medical device jobs. In all, the new building is expected to house more than 200 employees, many of which the company anticipates adding to its engineering, sales, and administrative functions in 2010 to accommodate the growing demand for its medical technologies, including the expansion of its Masimo Rainbow SET Pulse CO-Oximetry and new Acoustic Monitoring business.

Masimo says it continues to buck national economic trends, reporting product revenue growth of 17% during the first nine months of 2009 compared to the first nine months of 2008.