Select Comfort Corp. (Nasdaq: SCSS) is picking up the developer of the SleepIQ technology featured in its Sleep Number beds, Bam Labs Inc., for $58 million in cash. The business is paying that price for the remaining 82 percent of Bam that it does not already own.

Bam, headquartered in Los Gatos, California, develops sleep monitoring technology that can detect movements, heart rate and breathing rate. The company has $16.2 million in venture capital backing.

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