RadNet rises as it acquires France's radiology AI firm Gleamer

RadNet

02/03/2026 11:07

** Shares of radiology center operator RadNet RDNT.O rise 3% to $71.91 premarket

** U.S. imaging giant says it is buying French radiology AI firm Gleamer in an all-cash deal valued at up to 230 million euros ($270 million)

** Deal makes co's DeepHealth unit the world's largest provider of clinical radiology AI tools, serving 2,700+ customers in 50+ countries - RDNT

** Gleamer, founded in 2017, expects $30 mln in annual recurring revenue in 2026; its AI covers 25+ clinical uses, RDNT says

** Co says Gleamer's tech will help ease radiologist shortages and deliver efficiency gains and cost savings by Q3 2026

** Both companies to present combined pipeline at the European Congress of Radiology in Vienna this week - RDNT

** Shares up ~2% in 2025

($1 = 0.8519 euros)

 (Reporting by Sahil Pandey in Bengaluru)

 ((Sahil.Pandey@thomsonreuters.com))