Connect America completed the acquisition of the aging and caregiving business of Philips.

Connect America, a provider of connected health solutions, completed the acquisition of the aging and caregiving business of Philips, a Dutch multinational conglomerate corporation. Financial terms were not disclosed. "Connect America and Philips ACG's shared commitment to supporting the aging journey for our subscribers and caregivers, as well as our highly complementary offerings make this acquisition a very exciting opportunity to expand our impact and better serve our subscribers," Janet Dillione, Connect America CEO.