Welltok has acquired mobile health app developer Mindbloom in a move aimed at expanding its capabilities in the fast-developing telehealth sector.
The terms of the transaction were not disclosed by Welltok (Denver, CO, USA), which describes itself as a “pioneer in health optimization”.
The company did, however, indicate that it plans bolster its own CafeWell Health Optimization Platform through the Mindbloom (Seattle, WA, USA) takeover, providing customers with access to a range of health programs, content and applications.
Mobile operator Orange Cameroon is set to launch what it describes as a “preventive medical service” in collaboration with the country’s Ministry for Health.
The operator – a subsidiary of France’s telecoms incumbent Orange (Paris) – says the My Healthline service has been developed by its Orange Healthcare division and will provide remote medical advice in real time.
It is due to be released in April, and the operator plans to expand it to other sub-Saharan markets in Africa in future.
Healthcare IT player IMS Health is expecting to price its initial public offering at between $18 and $21 a share, which would value the company at $6.97 billion, according to a report from Reuters.
The company, backed by TPG Capital Management (Fort Worth, TX, USA), is hoping to raise as much as $1.36 billion from the sale of 65 million shares.
According to Reuters, IMS (Parsippany-Troy Hills, NJ, USA), will sell some 52 million shares during the offering, with the remainder being put up for sale by shareholders.
Fitness bands and mobile health gadgets were rated as two of the three most popular types of wearable device in a recent survey conducted by Nielsen.
Some 61% of respondents chose fitness bands when asked about their wearable-device preferences, with 17% picking mobile health devices.
Meanwhile, 45% of respondents opted for smart watches.
Most fitness band owners (57%) said the ability to self-monitor was a major factor in their decision to purchase the technology, along with concern about their health.
A group of telehealth and scientific experts has come together to form a new telehealth company calling itself the TeleHealth International Partnership (TIP).
The TIP (Atlanta, GA, USA) says its mission will be to deliver worldwide access to healthcare through the innovative use of technology, including telemedicine and health information exchange.
M2M hardware player u-blox has reported strong growth in revenue and profits last year on the back of rising demand for Internet of Things technologies.
The Swiss company said that net profit rose by 44.3%, to CHF24.6 million ($27.94 million), between 2012 and 2013, while revenues grew by 27%, to CHF219.8 million, over the same period.
u-blox (Thalwil, Switzerland) flagged major improvements in the Asia-Pacific and EMEA regions, but noted a loss of business in the Americas, where “several large US customers chose to outsource manufacturing to Asia”.
Swedish telecoms incumbent TeliaSonera says it will support M2M connectivity in vans operated by mail-delivery company PostNord, with the aim of developing new fleet-management services based on the experience.
The pilot wills see TeliaSonera (Stockholm, Sweden) install its M2M technology in 20 mail-delivery vans in Stockholm, allowing PostNord (Stockholm, Sweden) to benefit from a range of fleet-management services.
Nearly 50 million “non-trucking” commercial fleet vehicles will be equipped with telematics technology by the end of 2019, according to the latest study from ABI Research.
The market-research company says that telematics services were first adopted by the long-haul trucking industry in the US more than 20 years ago, but that adoption of these services in the non-trucking sector will equal that in the trucking industry in terms of numbers of connected vehicles by the end of this year – and dominate the commercial fleet telematics industry by the end of 2019.
Technology services provider Xchanging has made a $1 million investment in enterprise middleware provider MachineShop aimed at supporting product development and sales and marketing activity in the Internet of Things (IoT) area.
Xchanging (London, UK) says it has partnered with MachineShop (Boston, MA, USA) since January 2013, but is keen to “penetrate the burgeoning IoT market further”.
Logistics and supply-chain management player Ryder System says it has opened a new truck maintenance and rental facility in Schertz, Texas that will provide mobile maintenance and telematics services to its customers.
According to the company, the facility will offer a rental fleet equipped with GPS telematics technology, making Ryder the “only company in the market with a facility offering both vehicle rental and mobile maintenance”.