mergers & acquisitions

By Laura Lovett 12:04 pm July 18, 2019
European tech giant Philips has inked a deal to acquire Medumo, a startup focused on tracking and triaging patients. The news, which CNBC first reported, means the small Boston-based company will now be joining Philip’s growing digital health portfolio.  “We're excited to share with you that Medumo is now a Philips company,” reads a banner on the Medumo website. “Our partnership with Philips will...
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By Tom Sullivan 03:26 pm December 26, 2018
By Laura Lovett 10:28 am June 28, 2018
This morning Amazon broke the news that it is acquiring virtual pharmacy PillPack. With this, the online retail giant that has made itself famous for “one-click shopping” for consumer goods is positioning to expand its services to include prescription medication.  “PillPack’s visionary team has a combination of deep pharmacy experience and a focus on technology,” Jeff Wilke, CEO of Amazon...
By Brian Dolan 07:51 am July 3, 2015
After weeks of rumors, this morning health insurance company Aetna announced that it is acquiring rival Humana for $36 billion in cash and stock. The news follows smaller health insurance company Centene's $6.3 billion plan to acquire health insurance company Health Net, which would make that company the biggest private administrator of Medicaid programs in the US. Aetna's absorption of Humana...
By Aditi Pai 12:07 pm 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...
By Brian Dolan 05:38 am 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...
By Aditi Pai 05:59 am December 9, 2014
HealthInterlink's Beacon 2.0 Skaneateles Falls, New York-based medical device company Welch Allyn acquired the assets of Omaha, Nebraska-based remote patient monitoring company HealthInterlink. “The acquisition of HealthInterlink’s assets is exciting news for Welch Allyn and is in keeping with our vision to help transform care wherever patients and healthcare professionals connect,” Welch...
By Brian Dolan 07:31 am October 7, 2013
Humana was the mystery buyer of Boston-based health engagement company Healthrageous, MobiHealthNews has learned. Healthrageous sold its assets to Humana and a number of Healthrageous employees who supported the platform will also be joining the insurance company. MobiHealthNews first reported last week that Healthrageous had shut down and had its assets acquired. The financial details of the...
By Brian Dolan 07:49 am March 7, 2012
New York-based healthcare IT company Medivo has acquired WellApps, developer of mobile health app GI Monitor, that helps people with Inflammatory Bowel Disease (IBD), Crohn's Disease and Ulcerative Colitis. No financial details of the deal were released. WellApps co-founder and CEO Brett Shamosh will join Medivo as VP of Product Development. WellApps' GI Monitor will be rebranded and become...
By Brian Dolan 10:10 am March 5, 2012
Last week NantWorks, Dr. Patrick Soon-Shiong's growing collection of health startups, acquired wireless health remote monitoring company Boston Life Labs for an undisclosed sum. Boston Life Labs, which will now be called NantCare, joines NantWork's NantHealth division. Boston Life Labs developed a number of devices that aimed to bring connectivity to existing medical devices, similar to Qualcomm'...