DarioHealth to acquire Upright Technologies for $70m.

DarioHealth, a global digital therapeutics company, agreed to acquire Upright Technologies, a digital musculoskeletal company, for $70m. The transaction is subject to customary closing conditions and is expected to close on or about February 1, 2021. "I am very pleased to be able to achieve this milestone and expect that MSK will be a meaningful growth driver for our company for years to come. We are committed to delivering the industry's most comprehensive, clinically proven solution for the management of chronic conditions, and the addition of Upright, which is an expansion of our core competency, represents a significant step toward that goal. With similar approaches to building highly engaging and clinically effective products and similar cultures, I anticipate a rapid and seamless integration," Erez Raphael, DarioHealth Chief Executive Officer.