Care transitions technology provider Axial Exchange has acquired mRemedy, a mobile health app company formed by the Mayo Clinic and DoApp in late 2009. While the companies did not disclose specific financial details about the acquisition, Mayo Clinic and Axial's existing investor Canaan Partners both invested in Axial Exchange to help it complete the acquisition. The resulting company now counts...
At Apple's annual World Wide Developers Conference this week in Cupertino, California, CEO Tim Cook noted that the company now had 650,000 apps available for iOS devices, with 225,000 specifically designed for the iPad. To date, some 30 billion apps have been downloaded, Cook said, and Apple has paid developers $5 billion since it launched the AppStore a few years ago.
After running through the...
