Mergers and acquisitions

Business people closing a deal
By  Adam Ang 03:22 am June 28, 2024
Alyve Health to enhance AI with $6M Series A funding Alyve Health, an Indian startup offering personalised digital health plans for corporates, has raked in $5.5 million in a Series A funding round led by Axilor Ventures. The round was also participated by 1Crowd Fund, InHealth Ventures, and Trifecta Capital.  Founded in 2020, the startup offers tailored comprehensive health plans, ranging from...
Two people sitting across from each other at a desk shaking hands
By  Jessica Hagen 01:23 pm June 25, 2024
Publicly traded Sharecare, which offers a patient engagement and health navigation platform, has entered into a definitive agreement to be purchased by healthcare investment firm Altaris in a $518 million deal that will see the digital health company go private. Sharecare offers a virtual healthcare navigation platform for individuals, employers, government organizations, communities, health...
One person holding another person above their head
By  Jessica Hagen 01:55 pm June 24, 2024
Publicly traded employer-focused fertility and family building company Progyny announced it had acquired Berlin-based fertility benefits platform Apryl, thereby expanding its global reach.  The New York-based company offers benefits packages focusing on family building, fertility and women's reproductive health, including IVF, adoption, IUI and surrogacy. Apryl, which also focuses on the employer...
Two people sitting across from each other at a table and shaking hands
By  Jessica Hagen 08:09 pm June 21, 2024
Andreessen Horowitz-backed knownwell, a hybrid weight-inclusive primary and metabolic-care provider, announced it has acquired AI-enabled precision metabolic-health management company Alfie Health to enhance its clinical decision-support offerings.  Boston-based knownwell promotes itself as a weight-inclusive provider that offers primary care and metabolic-health services, offered in-person or...
Two people sitting on opposite sides of a desk and shaking hands
By  Jessica Hagen 02:44 pm June 11, 2024
Pennsylvania-based behavioral health company NeuroFlow announced it acquired fellow behavioral digital health company Owl, expanding its measurement-based offerings to help providers identify and manage behavioral care needs. NeuroFlow offers a cloud-based platform that allows providers to monitor and connect with patients between office visits and obtain AI-powered clinical decision support with...
A nurse checking on tasks in their device
By  Adam Ang 05:26 am June 7, 2024
Personify Care, Foxo announce integrated patient management solution Personify Care and Foxo have announced a strategic partnership to combine their technologies for improved patient management.  Based on a media release, their integration will allow health services to access Foxo's enterprise communication technologies within Personify Care's digital patient pathway platform. Foxo users will...
Person presenting in front of other people while standing next to a screen in a dark room
By  Jessica Hagen 01:07 pm May 31, 2024
Akili, the company behind video game-like prescription and over-the-counter digital therapeutics for individuals with ADHD, has signed a definitive merger agreement with mental health and fitness company Virtual Therapeutics in a deal reportedly worth $34 million.  Under the agreement, which is slated to close in the third quarter of 2024, Akili shareholders will receive $0.4340 per share of...
A pharmacist doing stock inventory using a digital tablet
By  Adam Ang 12:16 am May 30, 2024
Telstra Health is set to fully acquire pharmacy IT solutions provider Fred IT Group.  The company, which has been holding 50% interest in Fred IT since 2013, disclosed in a media release that it will be purchasing the remaining half of equity from the Victoria branch of the Pharmacy Guild of Australia and Paul Naismith, Fred IT co-founder and CEO.  Upon the close of the transaction, Naismith will...
A person wearing the AeviceMD wearable stethoscope
By  Adam Ang 06:51 am May 23, 2024
Aevice Health obtains $1M investment for Japan, US expansion Singapore-based respiratory health IT maker Aevice Health has received a $1 million investment from A&D Company for its expansion in the United States and Japan. Based on their agreement, Aevice can leverage the sales network of its investor, which manufactures precision equipment and product inspection equipment for healthcare and...
An obstetrician-gynaecologist reading an automated report by Sonio Detect
By  Adam Ang 08:40 pm May 14, 2024
Seoul-based medical equipment maker Samsung Medison has recently agreed to fully purchase Sonio, a foetal ultrasound AI company in France, for 126 billion won ($92 million).  The four-year-old French startup has been developing IT solutions for obstetrics and gynaecology ultrasound, assisting medical professionals in documenting and evaluating ultrasound examinations.  Last year, it obtained the...