February 4, 2015
Baltimore, Maryland-based athletics apparel company Under Armour is acquiring two health and fitness app makers: San Francisco-based fitness platform MyFitnessPal and Denmark-based Endomondo. Endomondo, which makes free GPS-based tracking apps, went for for $85 million and MyFitnessPal, which offers apps that track fitness and diet, was acquired for $475 million.
MyFitnessPal has raised at least...
December 23, 2014
Below is a roundup of the 33 acquisitions that MobiHealthNews reported on during 2014. That figure marks a near doubling of M&A activity year-over-year: In 2013 we tracked 17 transactions in digital health. Read on for a chronological review of the year in acquisitions:
January 2014 -- HealthSparq acquires Clarus Health Portland, Oregon-based Cambia Health subsidiary HealthSparq, an online...
December 10, 2014
New York City-based Happtique, which had developed a health app certification and "prescription" platform, has been acquired by SocialWellth for an undisclosed sum. Happtique was a wholly owned subsidiary of GNYHA Ventures, the for-profit arm of the Greater New York Hospital Association.
It shut down its app certification program in December 2013 after a health IT firm exposed security issues...
November 20, 2014
Sharecare, the health and wellness engagement platform founded by WebMD founder Jeff Arnold and television personality Dr. Mehmet Oz, has acquired QualityHealth, a patient identification and engagement platform that works with health systems and pharmaceutical companies, for an undisclosed sum. QualityHealth will be kept more or less intact as its 50 million member database will help Sharecare...
October 3, 2014
Despite the third quarter including two usually sleepy summer months, plenty of digital health news broke between July and the start of October. (Download a PDF version of this report right here.)
1. Mergers and acquisitions
M&A activity stayed strong with eight such deals -- only one less than Q2's nine M&A deals.
HCA buys PatientKeeper: The most recent acquisition deal -- just last week...
July 16, 2014
In June 2013 Jawbone, makers of the UP fitness tracking bracelet, quietly acquired San Francisco-area startup Nutrivise for an undisclosed sum -- MobiHealthNews broke the news last summer. Now, more than a year later, Nutrivise's founder and Jawbone's nutrition and food-focus product manager Laura Borel has helped bring some of the Nutrivise app's features (and a few new ones) to the Jawbone UP...
June 17, 2014
On Sunday giant medical device company Medtronic entered into a definitive agreement to acquire another big medical device company, Covidien, for $42.9 billion in cash and stock. While the deal still needs to clear the required regulatory hurdles, the combined company would mark considerable consolidation in medtech. One financial analyst who follows the companies closely said it would likely...
March 27, 2014
San Antonio, Texas-based mobile healthcare company AirStrip has acquired the assets of wireless monitoring startup Sense4Baby and licensed the associated technology that the startup was founded on from the Gary and Mary West Health Institute. The companies did not disclose the financial terms of the transaction. Sense4Baby raised $4 million from The West Health Investment Fund in early 2013.
March 19, 2014
Health management platform provider Welltok announced the acquisition of wellness app maker Mindbloom today. Welltok will incorporate Mindbloom into its CafeWell Health Optimization Platform. Financial details of the transaction were not released. Since its founding in 2008, Mindbloom has disclosed about $1.8 million in funding from Seattle-area angel investors.
"Welltok, for some time, has been...
March 10, 2014
Tomorrow Networks, a joint venture between mobile clinical resources company Physicians Interactive and New York City-based Remedy Systems, has been acquired in full by Physicians Interactive. Tomorrow Networks billed itself as a mobile advertising network that serve ads specifically targeted to healthcare providers and patients based on their specialties, conditions, and locations -- among other...