InTouch Health Acquired For $600M
Update: 2020-01-13
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Santa Barbara-based InTouch Health, which provides telehealth services and robotic, healthcare products, has been acquired by Teladoc Health, for $600M in a combination of cash and stock, the companies said over the weekend. According to the two, the deal is includes approximately $150M in cash and $450M of Teladoc Health common stock. InTouch Health was backed by Beringea, Galen Partners, InvestCare Partners, InvestMichigan, Acacia Venture Partners, Twenty One East Victoria, and iRobot, among others.
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