CNBC March 6, 2019
Christina Farr

KEY POINTS
  • AbleTo acquired Joyable to bulk up as it uses technology to attack mental health.
  • The global behavioral and mental health care software and services market is forecast to grow 12 percent a year, reaching $4.31 billion by 2025, according to Grand View Research.
Mental health is a big business, and a growing number of tech companies are trying to tackle pieces of the problem.

On Wednesday, AbleTo, which connects therapists and coaches with patients via smartphone, said that it’s buying Joyable, a provider of virtual therapy services for people who can’t get...

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Topics: Apps, Mental Health, Mergers & Acquisitions / JV, Provider, Technology, Trends
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