What You Should Know: Ocutrx Technologies, a global technology company developing medical devices with augmented reality (AR), extended reality (XR) and artificial intelligence (AI), acquires Spectrum Advanced Manufacturing Technologies, Inc., a Colorado-based electronics manufacturing and assembly company.With this acquisition, the consolidated Oxutrx_Spectrum company now has seven (7) process lines, including ISO Optics Lab capabilities,
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Qualcomm
TRIPP Partners w/ Carnegie Mellon Psychologists on VR-Guide Meditations
What You Should Know: - TRIPP, the award-winning global XR wellness company, announced an investment and partnership in Equa Health, the company bringing a clinically validated approach to mindfulness training. - Through the partnership, TRIPP will leverage Equa Health’s mindfulness approach, developed over 15 years with research from Carnegie Mellon University, to launch a series of clinically validated meditations in virtual reality. A combination of science and XR technology, the
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GE Healthcare Makes Strategic Investment in AliveCor
What You Should Know: - AliveCor, the global leader in FDA-cleared personal electrocardiogram (ECG) technology, recently announced its Series F Financing led by GE Healthcare. - The round also included participation from Pegasus Tech Ventures) and existing investors including Khosla Ventures, Bold Capital Partners, Qualcomm Ventures, and WP Global Partners. Providing End-to-End Cardiological Care Using Subscription Services AliveCor, Inc. is transforming cardiological care using deep
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Untapping the Potential for Virtual Care in a Pandemic and Beyond
Virtual care is everywhere and ubiquitous. But at a time when the world is amid a global pandemic, virtual care is also being underutilized. The technology exists today to help our healthcare system not only more effectively and efficiently manage care during COVID-19, but also exponentially scale capacity in the face of future outbreaks. Virtual care defined Virtual care is a broad term. It encompasses all the ways healthcare practitioners provide for care remotely. This can mean
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XRHealth Lands $7M to Expand Telehealth VR/AR Platform
What You Should Know: XRHealth raises $7M in funding to expand its telehatlh virtual reality (VR)/augmented reality (AR) platform for clinicians and patients. XRHealth is the first certified Extended Reality medical company in the world; their Medical Applications are FDA & CE Registered. XRHealth created the first virtual reality telehealth clinic in the world that is currently certified in 17 states. XRHealth, formerly known as VRHealth a provider of extended
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Tyto Care Lands $50M for Telehealth Platform for On-Demand, Remote Medical Examinations
What You Should Know: - Tyto Care raises $50M in an oversubscribed round co-led by Insight Partners to expand its modular device and telehealth platform for on-demand, remote medical examinations. - The growth round doubles the telehealth company’s total funding after serving over 100 health organizations, thousands of clinicians, and hundreds of thousands of patients in 2019. Tyto Care, the healthcare industry’s first all-in-one modular device and telehealth platform for
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Top 60 Health IT/Digital Health Mergers & Acquisitions in 2019
- From Google's acquisition of Fitbit to Philips acquisition of Carestream Health's health IT business, here is a look at some of the biggest health IT/digital health mergers & acquisitions in 2019 by each quarter. Q1 M&A Activity Johnson & Johnson Acquires Auris Health for $3.4B to Expand Digital Surgery Portfolio Johnson & Johnson acquiresAuris Health, a developer of robotic technologies for $3.4 billion in cash. Auris Health is a privately-held developer of
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XRHealth Launches Telehealth VR/AR Platform to Connect Doctors and Patients Remotely
- XRHealth just announced at the Qualcomm® Snapdragon™ Tech Summit, their telehealth VR/AR medical platform that connects doctors and patients from remote locations.- The XRHealth telehealth platform allows patients to grant access to their healthcare data to key participants – doctors, caregivers, or family members.XRHealth, formerly known as VRHealth a provider of extended reality and therapeutic AR and VR applications for the medical industry has announced the launch of their new telehealth
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Francisco Partners Acquires Qualcomm Life, Renames as CapsuleTech
Francisco Partners ("FP"), a Silicon Valley-based technology-focused private equity (PE) firm, today announced it has acquired Qualcomm Life, Inc. a wholly owned subsidiary of Qualcomm Incorporated that offers end-to-end medical device connectivity across the continuum of care. Financial details of the acquisition were not disclosed. Renames Qualcomm Life as CapsuleTechQualcomm Life will be separated from Qualcomm, be renamed as Capsule Technologies, Inc. ("CapsuleTech"), and continue operating
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UnitedHealthcare and Qualcomm Integrate Samsung, Garmin Wearables Into Wellness Program
UnitedHealthcare and Qualcomm Life have integrated wearable devices from Samsung and Garmin International, Inc., into UnitedHealthcare Motion. UnitedHealthcare Motion is a national wellness program that provides eligible plan participants access to activity trackers and enables them to earn more than $1,000 per year by meeting certain daily walking goals.The Samsung Gear Fit2 Pro and Gear Sport, and the Garmin vívosmart 3, have been integrated and validated with Qualcomm Life’s 2net platform for
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