Swedish telecom Doro announced this week the acquisition of tele-assistance company Birdy Technology for $1.87 million (1.29 million EUR). Of that sum, EUR 0.61 million is cash to non-executive shareholders and EUR 0.68 million is 241,543 Doro shares to Birdy Technology CEO Xavier Corbin, in exchange for his shares in Birdy Technology. As part of the deal, Corbin will work for Doro for at least...
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...
Sample BiancaMed Sleep Report
San Diego-based ResMed has acquired Dublin, Ireland-based BiancaMed in an all-cash deal. Financial terms of the deal have yet to be disclosed. ResMed makes medical equipment for treating and diagnosing sleep-related breathing disorders. BiancaMed has created SleepMinder, a non-contact device that monitors sleep and breathing at home or in the hospital by using a...
