Durham wearable health technology startup acquires California company
Durham-based Validic has acquired a California-based company that’s also in the business of getting data from wearable health-tracking devices like heart-rate monitors and blood-pressure trackers.
Validic’s business is in collecting data from wearable health care-related devices and apps and sending that data to the hospitals, corporate wellness programs and other businesses that want to analyze and track it.
The tech start-up announced Tuesday that it has acquired Mountain View, California-based Infometers. Financial details of the acquisition were not disclosed.
With the acquisition, the Durham company’s total employee count is now at more than 30. The company plans to keep its corporate headquarters in Durham and will use Infometers’ California location as its West Coast office.
“While our corporate office continues to be in Durham, we already have several large clients, including Kaiser Permanente and Sutter Health who are located in the San Francisco-Oakland-San Jose Bay Area,” Ashley Needham, a spokeswoman for Validic, said in an email. “We will continue to grow organically as we add new clients.”
The Infometers acquisition expands the number of devices the company can work with. According to a news release, the acquisition adds 44 percent more device integrations. The new devices including additional blood-pressure cuffs for in-home use, additional blood-glucose meters, and others.
In addition, Needham also said the acquisition expanded the company’s means of connecting to other devices in the future.