Mergers, Partnerships & acquisitions

Veritas Capital, Elliott clinch $5.7 billion acquisition of Athenahealth

The acquisition values Athenahealth at $135 per share in cash. Private-equity firm Veritas Capital and hedge fund Elliott Management have agreed to acquire U.S. health-care software maker Athenahealth for about $5.7 billion in cash, the companies confirmed on Monday.Reuters had reported the deal was in the works on Sunday.Athenahealth, whose cloud-based service is used to

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IBM buys Red Hat for $34 billion to gain open source, cloud technologies

Big Blue said it hopes to disrupt the cloud market and become one of the largest hybrid cloud providers. IBM will acquire Red Hat, an open-source technology and software distributor, for about $34 billion, the companies announced late Sunday. The deal is one of the largest tech acquisitions in U.S. history.Under the agreement, IBM will

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17 digital health mergers and acquisitions from Q3 2018

This quarter’s M&A action includes big names looking to move into digital health as well as more niche offerings absorbing their competitors. The third quarter of 2018 was a surprisingly good one for mergers and acquisitions. MobiHealthNews tracked 17 deals, from Best Buys monster acquisition of GreatCall, to positive exits for Boston area startups Herald

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How Executives Can Chart a Path to IT Success After a Merger or Acquisition

A three-pronged plan can carry IT leaders thoughtfully through the integration of several healthcare IT systems. Consolidation in the healthcare industry continues to accelerate: 115 transactions were announced in 2017, the highest number in recent history, according to consulting firm KaufmanHall. This means more healthcare IT executives are facing the data and IT challenges that

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Persistent Systems acquires hospital data management Herald Health for $5.2 million

The Boston-based startup makes software to push data to hospital stakeholders when they need it. Pune, India-based Persistent Systems acquired Herald Health, a two-person health tech startup with successful pilots at Brigham and Women’s and Boston Childrens hospitals in Boston, for a total valuation of $5.2 million, MobiHealthNews has learned. Multiple Indian publications are reporting

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Fitbit just acquired a cloud-based health care company that you probably havent heard of

Fitbit announced today that it has acquired a small, Boston-based software startup called Twine Health for an undisclosed amount.Twine Health probably isnt a name that will resonate with a lot of people who dont follow digital health closely, but its a collaborative software platform aimed at workplace wellness providers. It tracks chronic diseases and connects

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8 Digital Health Mergers That Help Prepare for 2018

Pharmaceutical, health insurance, medical and digital technology companies took brave steps in 2017 to strengthen their digital health market position with more or less success. Yet, last years business moves also suggest important trends: producing drugs alone without added digital services is not enough anymore for pharma; medical websites are becoming huge media outlets; and

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