Chilmark Research August 11, 2020
On August 5th, Teladoc (TDOC) announced that it would be acquiring fellow virtual care vendor Livongo (LVGO). And with that announcement the race to see who would become the virtual care platform vendor the market has been seeking may already be over. While some may balk at the premium paid for LVGO, an eye-popping $18.5 billion, in hindsight this will be seen as a brilliant move. Together, TDOC and LVGO have taken the pole position in virtual care – no one else comes close to what this combination offers the market – a true, virtual care platform.
Key Takeaways
- Teladoc and Livongo merger represents the first in a likely long-series of pending M&A and partnership activities between telehealth vendors...
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