Up until now, Qualcomm’s focus has been on connecting the data from home healthcare devices back to the hospital. The wireless tech conglomerate anticipates that this deal will help it tap into the need of caregivers to connect medical devices across the healthcare delivery spectrum including at-home, ambulatory, hospital and acute-care settings. The US-based company counts more than 1,930 hospitals as clients in 38 countries.
Qualcomm Life, the health and life sciences subsidiary of communications giant Qualcomm, has purchased medical device and health IT integrator Capsule Technologie for an undisclosed sum.
Qualcomm president Derek Aberle suggests there are synergies between Capsule’s offerings and Qualcomm’s connectivity chip business for embedded/IoT devices. No financial details of the acquisition were disclosed. Capsule’s medical device integration and clinical data management platform enables data collection, EMR and health IT system integration and monitoring. Jana in April took a roughly $2 billion stake in the company and has been pushing Qualcomm to explore a breakup, cut costs, repurchase shares faster and bring new blood to its board. “This will be an important step in advancing the Internet of Medical Things”.