MedTech Dive August 12, 2024
The deal comes shortly after Stryker CEO Kevin Lobo told investors to expect a “very active deal pipeline” for the second half of 2024.
Stryker said Monday it has reached an agreement to acquire Care.ai, a company that offers artificial intelligence-based tools for hospitals. The Orlando, Florida-based startup makes patient monitoring, virtual rounding and AI-assisted decision support tools based on a network of sensors.
Stryker did not immediately respond to questions about the price or timing of the acquisition.
The acquisition comes about two weeks after Stryker CEO Kevin Lobo forecast a “very active deal pipeline” for the second half of the year.
Stryker said Care.ai will strengthen its growing health IT offering and portfolio of wirelessly connected medical...
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