Brief: Addlife Acquires Telia Health Monitoring

AddLife AB

20/12/2021 10:06

Dec 20 (Reuters) - AddLife AB  ALIFb.ST :
    * ADDLIFE IS INCREASING ITS INVESTMENT IN DIGITAL HEALTH BY
ACQUIRING TELIA HEALTH MONITORING
    * HAS TAKEN ANOTHER STEP IN STRENGTHENING ITS POSITION IN
DIGITAL
HEALTH BY TODAY SIGNING AN AGREEMENT TO ACQUIRE TELIA HEALTH
MONITORING TO ADD TO ITS MEDTECH BUSINESS AREA
    * TELIA HEALTH MONITORING DEVELOP AND PROVIDES A DIGITAL
PLATFORM
SOLUTION THAT ENABLES SELF-MONITORING BY PATIENTS WITH CHRONIC
DISEASES
    * COMPLETION IS EXPECTED TO TAKE PLACE IN Q1 OF 2022.
    * BUSINESS, WITH SALES OF SEK 4M, AND ITS EIGHT EMPLOYEES,
WILL BE
INTEGRATED INTO CAMANIO, WHICH WAS ACQUIRED EARLIER IN DECEMBER
2021.

Source text for Eikon:  ID:nWkr13Q9Sq 
Further company coverage:  ALIFb.ST 

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