trending Market Intelligence /marketintelligence/en/news-insights/trending/ucqbiok5vvo4vq3lwuwhdq2 content esgSubNav
In This List

Biotelemetry acquires certain Activecare assets, liabilities for $3.8M

Blog

Insight Weekly: US stock performance; banks' M&A risk; COVID-19 vaccine makers' earnings

Blog

Global M&A By the Numbers: Q3 2021

Blog

Post-webinar Q&A: Global Credit Risk Trends 2021 and Beyond

Blog

University Essentials: From Crisis to Resilience – Navigating Sustainable Recovery


Biotelemetry acquires certain Activecare assets, liabilities for $3.8M

Biotelemetry Inc. acquired certain assets and liabilities of Orem, Utah-based Activecare Inc. for about $3.8 million in cash.

The acquired assets were mostly customer contracts and software developed by Activecare, which provides biometric monitoring devices and services internationally.

Malvern, Pa.-based Biotelemetry acquired the company through its unit Telcare Medical Supply LLC, which also forgave debt and accounts payable to it by Activecare.

Additionally, Activecare may receive an earn-out payment of $2 million based on the achievement of certain revenue targets.