acquisition

By Laura Lovett February 13, 2018
This morning wearable giant Fitbit announced that it will be acquiring healthcare coaching platform Twine Health for an undisclosed sum. The acquisition takes Fitbit more solidly into the healthcare space than it has been up until now. The Twine platform aims to help users manage chronic conditions like diabetes and hypertension by using artificial intelligence technology and creating a way for...
By Jonah Comstock October 5, 2016
Wolters Kluwer health, owner of physician-facing mobile products UpToDate and Lexicomp, has announced its intention to acquire Emmi Solutions, a patient engagement software company, for $170 million. Emmi works primarily with value-based providers and payers, and its business is built around using online and mobile engagement strategies to reach out to potentially expensive patients, including...
By Heather Mack July 21, 2016
Amsterdam-based Royal Philips announced today that it acquired Wellcentive, an Atlanta, Georgia-based population health management software company, for an undisclosed amount.  Once the acquisition is complete, Wellcentive and its employees will become part of Philips’ Population Health Management business group. Under that sector, Philips currently offers enterprise telehealth, home monitoring,...
By Jonah Comstock February 12, 2016
Boston-based FitnessKeeper, maker of the Runkeeper app, has announced an agreement to be acquired by Japanese apparel company ASICS for $85 million, MobiHealthNews has learned.  "Partnering with ASICS to fulfill [our] vision together makes a ton of sense," Runkeeper founder and CEO Jason Jacobs wrote in a Medium post announcing the deal. "We both have deep roots in and focus on running as a core...
By Aditi Pai April 7, 2015
Weight Watchers has acquired Weilos, which offers users a picture taking app to document weight loss through selfies, according to a report over at TechCrunch. Weilos is not to be confused with Weight Watchers other acquisition, Wello. Weilos' only known investor is the startup incubator Y Combinator. TechCrunch's sources said that Weight Watchers bought Weilos for a price in the "single-digit...
By Aditi Pai March 31, 2015
San Francisco-based Fitbit acquired fitness coaching app developer, FitStar, for at least $17.8 million, according to an SEC filing. FitStar had previously raised $5 million from Advancit Capital, Google Ventures, Trinity Ventures, Floodgate, and Mesa Ventures, according to CrunchBase. In the filing, Fitbit selected "yes", when asked "Is this offering being made in connection with a business...
By Aditi Pai March 10, 2015
Irvine, California-based practice management software company Kareo has acquired San Francisco-based DoctorBase, maker of a mobile-based patient communications offering. DoctorBase has raised at least $360,000 to date. Kareo had raised a total of $72.5 million as of January 2014. DoctorBase developed a tool that both helps practices find new patients as well as communicate with their existing...
By Aditi Pai March 5, 2015
San Francisco-based Fitbit has confirmed that it will acquire fitness coaching app developer, FitStar, to add more training features, according to a report from TechCrunch. The tech publication had previously reported the deal would be between $25 million to $40 million and include a mix of cash and stock. FitStar is backed by Google Ventures and Trinity Ventures. Fitbit already offers a premium...
By Aditi Pai February 27, 2015
Fitbit is in discussions to acquire fitness coaching app developer, FitStar, for $25 to $40 million in a mix of cash and stock as early as next week, according to a report from TechCrunch. The report adds that it's possible the deal may not go through. FitStar has created two apps, FitStar Personal Trainer and FitStar Yoga. The latter launched a few months ago. Both applications are free to...
By Aditi Pai February 26, 2015
Atlanta-based Sharecare, the health and wellness engagement platform founded by WebMD founder Jeff Arnold and television personality Dr. Mehmet Oz, has acquired Germany-based Feingold Technologies, a company that offers software that analyzes human behaviors. The financial terms of the deal were not disclosed. Feingold Technologies closed an undisclosed Series A round in October 2014 led by ...