Health tech could see more acquisitions after Teladoc-Livongo deal - CNBC
The deal, negotiated in part while wearing Livongo-branded facemasks in a Detroit hotel, is one of the more high-profile deals in the space, as startups and more established players jockey for position in an expanding market?
Health tech companies tend to be wary of deals because of previous struggles for large deals, but the industry could be ripe for further consolidation, said Stephanie Davis, a research analyst at SVB Leerink.
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