Published 1 day ago • loading... • Updated 3 hours ago

Samsung to buy US healthcare services company Xealth

On Tuesday, Samsung Electronics revealed plans to purchase Xealth, a healthcare platform based in the United States, aiming to enhance its mobile healthcare services.
Samsung aimed to grow its healthcare services sector through this acquisition as part of its strategy to diversify beyond its traditional semiconductor and smartphone markets.
The deal aims to create synergy between Samsung's advanced wearable sensor technology and Xealth's digital health platform connecting over 500 U.S. hospitals.
Samsung anticipates completing the acquisition in 2025 and aims to enhance its development of an integrated healthcare ecosystem that delivers highly personalized, preventive health solutions.
This acquisition reflects Samsung's strategy to drive growth through meaningful deals after lagging rivals in AI chip sales and to support health system innovation.

Insights by Ground AI

Does this summary seem wrong?

20 Articles

All

Left

Center

Right

The Register

Center

Samsung buys Xealth to merge data from wearables, hospitals

: Envisions info from your watch informing treatment. What could possibly go wrong?

3 hours ago

Read Full Article

Engadget

Lean Left

Samsung buys Xealth to integrate its wearables into the healthcare system

Samsung is making a bigger push into healthcare. It is buying Xealth, a platform focused on digital health tools and care programs. Terms of the deal, such as the purchase price, haven't been disclosed. Samsung expects the acquisition to be wrapped up by the end of the calendar year, pending closing conditions (such as any necessary regulatory approvals). Samsung says the deal will help to advance its "transformation into a connected care platfo…

21 hours ago·United States

Read Full Article