Stryker announces definitive agreement to acquire care.ai
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Key takeaways:
- Stryker announced a definitive agreement to acquire care.ai.
- Stryker and care.ai will operate as separate entities until the transaction closes.
Stryker announced a definitive agreement to acquire care.ai, which specializes in delivering AI-assisted virtual care workflows, smart room technology and ambient intelligence solutions, according to a company press release.
Stryker looks to the acquisition to improve its health care information technology (IT) offerings as well as its wirelessly connected medical device portfolio, according to the release.
“This acquisition underscores our commitment and focus on our customers,” Andy Pierce, group president of MedSurg and neurotechnology at Stryker, said in the release. “care.ai will help Stryker significantly accelerate our health care IT and digital vision to provide customers with real-time, smart and connected decision-making tools that enhance the lives of caregivers and their patients.”
The release noted that Stryker and care.ai will continue to operate as separate entities until the transaction closes.