.
MergerLinks Header Logo

New Deal


Announced

Completed

Somatus completed the acquisition of Lumiata.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Single Bidder

AI platform

Health Care Facilities

Majority

healthcare AI

Domestic

Private

United States

Completed

Acquisition

Friendly

Synopsis

Edit

Somatus, a kidney care company, completed the acquisition of Lumiata, a healthcare-specific AI platform. Financial terms were not disclosed. "We built our RenalIQ® technology platform to help providers, health plans, and our community-based care teams reach patients most in need of personalized, whole-person care. With the addition of Lumiata’s predictive analytics tools, and the talent behind it, we can deliver enhanced care and improved outcomes for patients sooner," Satish Cheema, Somatus Chief Product and Strategy Officer.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US