Announced
Financials
Tags
Disposal
Software
United Kingdom
disabled people software
Pending
Private
Friendly
Majority
Acquisition
Single Bidder
Domestic
Synopsis
CareTech, a provider of specialist social care services for adults and children in the UK, agreed to acquire Smartbox Assistive Technology, a provider of assistive technology solutions, from Tobii, a Swedish high-technology company, for £11m. "We have been discerning in selecting as an anchor digital investment a business that is not only a global assistive technology player but one that firmly shares CareTech's values and social purpose to improve the lives of disabled people. The Smartbox team has done a great job at creating sector-leading communication solutions for people without speech. Smartbox becoming part of CareTech will enable more children and adults with complex needs to have access to the company's flagship assistive technology solutions," Farouq Sheikh, CareTech Executive Chairman.
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