By: Dave Muoio
This month’s news that Apple had picked up the patent rights for a passive health monitoring system from startup Tueo Health does not appear to the only business occurring between the two companies. On Friday, CNBC reported that the consumer tech company had also outright acquired the small respiratory health company for an undisclosed sum.
Tueo Health’s website was pulled down at some point late last year, and now displays a “Domain Not Claimed” message from website hosting service Squarespace. CNBC also notes that Bronwyn Harris, CEO and cofounder, and Anura Patil, COO, both updated their LinkedIn profiles late last year to name Apple as their current employer.
These signs would point to a closing sometime during the latter months of 2018, although its exact timing and purchase price have not been made available.
MobiHealthNews has reached out to Apple for further comment and will update this story with any response. The company declined CNBC’s request for comment.
Founded in 2015, Tueo Health pitched a digital tool that helps parents monitor the symptoms, environment and treatment of their asthmatic children. According to an archived version of its webpage, the company’s approach involved an app paired with a sensor that can collect relevant data, alert users of sudden changes in condition and facilitate a consultation with a live “Tueo Health asthma educator.” The startup raised $1.1 million in seed funding back in 2017 when it was enrolled in the Launchpad Digital Health accelerator program.
Read more >> https://www.mobihealthnews.com/content/north-america/apple-acquires-asthma-monitoring-startup-tueo-health
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