Mergers and acquisitions

The digital diabetes and chronic care company said it will integrate xbird's software into its platform.

The merger with the special-purpose acquisition company Social Capital Suvretta Holdings Corp. I is expected to net Akili up to $412 million.

They will be combining their products to provide a comprehensive, integrated telehealth system.

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. 

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.