M&A

By Heather Mack January 30, 2017
Santa Monica, California-based GoodRx, a digital cost transparency tool specifically for medication, has merged with San Francisco-based Iodine, which offers a similar tool for quality assessment and information on medications. Fast Company first reported the news, and said the merger took the place at the end of 2016 but was not publicly announced. The terms of the deal have not been disclosed....
By Jonah Comstock January 10, 2017
Following on its acquisitiong of Pebble, and the company's announcement just this week that it would be developing an app store, Fitbit has announced another smartwatch acquisition: Vector, a year-old Romanian startup that boasts a smartwatch with a 30-day battery life. The terms of the acquisition are so far undisclosed. "Fitbit can confirm it has acquired specific assets from Vector Watch, a...
By Jonah Comstock December 20, 2016
Peak, the London-based brain training app maker, has been acquired by Hachette Livre, a Vanves, France-based subsidiary of book publisher Lagardére SCA. Hachette Livre purchased a majority stake in the company, which is officially named Brainbow. The price was not disclosed. According to the Peak team in a blog post, the acquisition won’t change much at the company. “Why Hachette Livre? The...
By Jonah Comstock December 14, 2016
Exco InTouch, a Nottingham, England-based clinical trial technology vendor responsible for powering early, influential mobile-enabled trials, has been acquired. ERT, a 45-year-old global clinical trial services company, purchased Exco last week for an undisclosed amount. While both companies provide technology and services to support clinical trials, their focus areas are different, with ERT...
By Jonah Comstock December 7, 2016
Fitbit confirmed the rumored acquisition of Pebble today, but clarified that it is not acquiring the business in its entirety -- only the software IP and some personnel. Notably, Fitbit won't take on Pebble's debts or it's hardware assets, which the company could still sell in a separate deal, and Pebble CEO Eric Migicovsky will not start a job at Fitbit. Instead, according to a report in...
By Jonah Comstock December 7, 2016
BioTelemetry, formerly known as CardioNet, has acquired TelCare, a diabetes management technology company with the distinction of having had the first FDA-cleared, cellular-connected glucometer. BioTelemetry paid $7 million in cash with the potential for additional performance-based earn-outs of up to $5 million, also in cash. Both BioTelemetry and TelCare are veterans of the early days of the...
By Jonah Comstock December 1, 2016
According to a scoop from The Information last night, fitness tracker market leader Fitbit will buy beleaguered smartwatch pioneer Pebble. TechCrunch and Engadget are both citing anonymous sources, saying that the deal is for between $34 million and $40 million -- barely enough, TechCrunch says, for Pebble to cover its debts. The news isn't entirely unexpected -- it was clear that Pebble was...
By Jonah Comstock November 2, 2016
Vital Images, a diagnostic imaging company based in Minneapolis, will acquire Karos Health, a Waterloo, Ontario-based maker of clinical information systems, including a patient-facing clinical communication app called Rialto. The amount of the acquisition was undisclosed. “Karos Health’s solution-set enables collaboration between healthcare providers and patient engagement, while providing secure...
By Jonah Comstock September 29, 2016
Sharecare has made another acquisition, buying virtual reality company BioLucid for an undisclosed amount. BioLucid's technology, which uses virtual tours of the body to educate patients, will be incorporated into Sharecare's growing stable of patient engagement tools, but the company will also continue to operate out of its Sarasota, Florida office under the name "Sharecare Reality Lab". “Visual...
By Jonah Comstock July 20, 2016
Nashville-based employee wellness company Healthways has divested itself from MeYou Health, its Boston-based innovation and digital health subsidiary. Rick Lee, a serial entrepreneur who sold early digital wellness platform Healthrageous to Humana in 2013, led a group of investors, including Ballast Point Ventures, Blue Shield of California, and several prominent individual investors, in an $11...