October 4, 2017
With just nine acquisitions, the third quarter of 2017 didn't set a record for number of digital health acquisitions — Q1 and Q2 of this year came in at 12 apiece. But it did feature some very high-profile deals, including the acquisition of digital health pioneer WebMD, a rare acquisition from Alphabet, and big deals in spaces from diabetes management to caregiving to health insurance.
July 24, 2017
WebMD Health Corp., operators of the popular WebMD website, is being acquired by Internet Brands, a portfolio company of KKR, for about $2.8 billion.
A subsidiary of Internet Brands will float a tender offer in the next 10 business days to acquire all of the issued and outstanding shares of WebMD common stock for $66.50 per share, to be paid in cash when the transaction’s a done deal.