Mergers and acquisitions

CB Insights' State of Digital Health 2021 Report also found 574 M&A deals, up 44% from 2020.

The open letter from Blackwells Capital comes days after CEO John Foley said the company was "right-sizing" its production and evaluating layoffs.

The deal adds to Dario's musculoskeletal care offerings. It launched its Dario Move platform in October.

This news comes less than a month after the company closed its acquisition of health kiosk company Higi. 

This week's top stories include a class action complaint accusing QRS of failing to secure, monitor and maintain patient data after a breach that affected nearly 320,000 people, and Headspace Health's aim to improve its ability to personalize users' experiences with its Sayana acquisition.

Health tech companies raised nearly $40 billion last year, according to Silicon Valley Bank's Healthcare Investments and Exits Report. IPOs were also up, but those companies didn't fare as well in the public markets.

Headspace said the deal will improve its ability to personalize users' experiences.

Impeto’s SUDOSCAN technology for monitoring peripheral neuropathies is included in Withings’ recently announced Body Scan smart scale.

Both companies are focused on using voice technology to assist seniors at home. 

The deal comes about a month after Nomi announced it had raked in $110 million in Series A funding.