February 19, 2015
Melon, the EEG-tracking headband company that raised nearly triple its initial goal in a 2013 crowdfunding campaign, has been acquired by DAQRI, an enterprise augmented reality company founded in 2010, for an undisclosed amount.
DAQRI's CEO Brian Mullins announced the acquisition from the keynote stage at the 4D Expo, an event hosted by the company. DAQRI is working on something it calls "4D," a...
August 18, 2014
The transaction for Practice Fusion's acquisition of Ringadoc included a transfer of $2 million in Practice Fusion equity, according to an SEC document. It's unclear exactly how the equity sale fits in with the acquisition, but in all likelihood Ringadoc's investors and owners now hold a $2 million stake in Practice Fusion.
“Practice Fusion filed a Form D yesterday with the SEC in connection with...
June 5, 2014
As we head into the halfway point of 2014, it's already clear that the trend of mobile and digital health acquisitions is up. Just five months into the year, MobiHealthNews has tracked 16 mergers, acquisitions, asset buys and majority stake acquisitions -- just one less transaction than we tracked during the whole of 2013.
While many of the buys were medical software acquisitions of various kinds...
April 24, 2014
In the fifth digital health acquisition this month, Hearst Health Network has acquired Santa Clara, California-based CareInSync for an undisclosed amount. CareInSync will become part of Zynx Health, an evidence- and experience-based clinical improvement company within the Heart Health Network, which is itself a recently formed division of the Hearst Corporation.
CareinSync's flagship product is...
April 21, 2014
Weight Watchers is in talks to acquire virtual fitness coaching startup Wello, according to a report from TechCrunch. Wello, a Rock Health company, launched in July 2012. The company connects people to professional trainers via two-way video messaging. Users can choose a trainer or discipline that's most interesting to them.
In November 2012 they raised $1 million from Kleiner Perkins, Mohr...
April 17, 2014
The Inspiromatic inhaler.
Biopharmaceutical company Opko Health has acquired Israeli smart inhaler company Inspiro Medical for a sum in "the low eight figures", according to Opko's Director of Strategic Investment Les Funtleyder. The company will be using Inspiro's Inspiromatic technology to develop an app-connected inhaler that will be bundled with a forthcoming new drug for asthma, COPD, and...
March 4, 2014
Basis Science, the activity tracker company that makes the high-end Basis B1 Band, has reportedly been purchased by Intel for between $100 million and $150 million, TechCrunch has learned. The publication had previously reported that Basis was soliciting Google, Apple, Samsung, and Microsoft and was seeking a figure below $100 million.
If true, the buy would be a positive return for Basis...
February 19, 2014
Optum, a division of the UnitedHealth Group, has purchased a majority stake in Audax Health Solutions in a deal "which included cash, options, preferred stock, and significant working capital," according to Audax.
Around the same time, Audax filed a $29 million funding raise with the SEC. It's likely that Optum's investment was contained within that round. UPDATE: Audax has told MobiHealthNews...
July 23, 2011
While the year is little more than halfway through, 2011 has already seen at least ten acquisitions for mobile health companies. Here's a roundup of memorable ones:
Soon-Shiong Buys Vitality-GlowCaps: In February pharma entrepreneur and billionaire Dr. Patrick Soon-Shiong acquired Vitality, the company that developed GlowCaps. Vitality CEO David Rose stated in the company press release that while...
February 7, 2011
WellDoc continues to make moves. This morning the Baltimore-based company acquired home health consulting company Oncology Care Home Health Specialists for an undisclosed sum. The move will help WellDoc more quickly develop its oncology solution, which it expects will be a complement to its already FDA-approved DiabetesManager.
WellDoc has integrated Oncology Care’s proprietary intellectual...