- General
- May 25, 2019
- 5 minutes read
Apple Acquired Tueo Health Last Year
Electrocardiogram (ECG) monitoring on the Apple Watch Series 4 image: Apple Apple is known for stealthily acquiring companies without making…
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| Electrocardiogram (ECG) monitoring on the Apple Watch Series 4
image: Apple
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Apple is known for stealthily acquiring companies without making any announcements. In fact CEO Tim Cook recently said the company has acquired 20-25 companies in the last six months and snaps up a company every few weeks. Most of Apple’s acquisitions are of small startups, with Cook stating that the company is “primarily looking for talent and intellectual property.”
In today’s news, Apple acquired Tueo Health — a startup that was working on an asthma monitoring system aimed for use with sleeping children — some-time last year. Tueo’s CEO Bronwyn Harris and COO Anura Patil changed their employers on their LinkedIn profiles to Apple late last year, which is likely the time Apple fully acquired the company. Tueo Health was based in San Francisco and had raised $1.1 million in seed funding from investors including Launchpad Digital Health and Plug and Play.
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| Tueo Health co-founder and CEO Bronwyn Harris (middle) and members of its team
image: Tueo Health
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The startup worked on an integrated solution that combined sensor-based physiologic data, a mobile app that delivered data and provides clinical context, and an asthma coach that assist in self-management. Its guidance are based on guidelines from the National Asthma Education and Prevention Program.
This acquisition indicates Apple’s increased efforts in the health space. The company has been adding more health features for its products, including the recent addition of the ability to perform electrocardiogram on the latest version of the Apple Watch. Apple also earlier this year, unveiled a new health records solution for U.S. veterans.
In an interview with CNBC’s Jim Cramer, Apple CEO Tim Cook said he thinks that healthcare will be the company’s “greatest contribution to mankind”. Apple is known to have made two other health-related acquisitions so far, sleep sensor maker Beddit and medical records startup Gliimpse. CNBC first reported on its acquisition of Tueo Health last year.
