Medtronic acquires AI-powered nutrition platform Nutrino
Medtronic has announced that it will acquire long-time partner Nutrino, an AI powered personalized nutrition platform for an undisclosed sum. As part of the deal Medtronic will be integrating Nutrino's AI-driven personalized insights and food database. The acquisition is set to specifically boost Medtronic's offerings for people living with diabetes and offer the company's predictive glycemic response algorithm, which will be integrated with Medtronic's CGM system. "Bringing Nutrino and their nutrition-related expertise into our organization will give us a substantial differentiator in the diabetes industry and accelerate our progress to help people with diabetes live with greater freedom and better health," Hooman Hakami, executive vice president and president of the Diabetes Group at Medtronic, said in a statement. "The Nutrino team has been an outstanding partner over the past few years. We are excited to welcome them to our team, and I have no doubt that, together, we will make a profound impact on the lives of people with diabetes."
Nov-29-2018, 20:54:53 GMT