Qualcomm Inc. has acquired medical device integration company Capsule Technologie, extending the company’s connected health offerings into hospitals worldwide.
Under the deal, which the terms were not disclosed, Capsule Technologie will be absorbed into Qualcomm’s wholly-owned subsidiary Qualcomm Life. Capsule has more than 1,930 hospital clients in 38 countries immediately creating a huge opportunity for Qualcomm to include its wireless products and ecosystem into a whole new market, the company says.
Derek Aberle, president of Qualcomm, says in a statement that the acquisition of Capsule is a way for the company to strengthen its position on specific markets inside the Internet of Everything, such as the healthcare. He says the acquisition will “create one of the world’s largest connected health ecosystems” and is “an important step in advancing the Internet of Medical Things.”
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