M&A Deal Summary

Livongo Health Acquires Diabeto

On September 13, 2017, Livongo Health acquired technology hardware company Diabeto

Acquisition Highlights
  • This is Livongo Health’s 1st transaction in the Technology Hardware sector.
  • This is Livongo Health’s 1st transaction in the United States.
  • This is Livongo Health’s 1st transaction in New Jersey.

M&A Deal Summary

Date 2017-09-13
Target Diabeto
Sector Technology Hardware
Buyer(s) Livongo Health
Deal Type Add-on Acquisition

Target

Diabeto

Piscataway, New Jersey, United States
Diabeto, Inc. is a provider of connectivity solution called BirdieTM (because it’s shaped like a bird) that plugs into the serial port on over 40 popular glucose meters, enabling them with Bluetooth connectivity. Diabeto RedTM complements the Birdie , connecting to meters with existing infrared capability.

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Buyer(S) 1

Buyer

Livongo Health

Mountain View, California, United States

Category Company
Sector Medical Products
DESCRIPTION

Livongo empowers people with chronic conditions to live better and healthier lives, beginning with diabetes and now including hypertension, weight management, diabetes prevention, and behavioral health. Livongo pioneered the category of Applied Health Signals to offer Members clinically based insights that focus on the whole person and make it easier to stay healthy. Using its AI+AI engine, Livongo’s team of data scientists aggregate and interpret substantial amounts of health data and information to create actionable, personalized and timely health signals delivered to Livongo Members exactly when and where they need them. The Livongo approach delivers better clinical and financial outcomes while creating a different and better experience for people with chronic conditions.


DEAL STATS #
Overall 1 of 3
Sector (Technology Hardware) 1 of 1
Type (Add-on Acquisition) 1 of 3
State (New Jersey) 1 of 1
Country (United States) 1 of 3
Year (2017) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-04-17 Retrofit

Chicago, Illinois, United States

Retrofit, Inc. is a provider of an innovative weight-management and disease-prevention programs that transform lives, workplaces and communities.

Buy -