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AI capabilities a target for merger and acquisition activity

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Merger and acquisition activity among analytics vendors has picked up in recent months. After more than a year between Salesforce's $15.7 billion acquisition of Tableau in June 2010 and Tibco's purchase of IBI (formerly Information Builders) for an undisclosed amount in October 2020, recent months have been a busy time for merger and acquisition activity. Talend was acquired by private equity firm Thoma Bravo in March 2021. Logi Analytics was acquired by ERP vendor Insightsoftware in April 2021 and subsequently purchased Izenda just eight days later. And ThoughtSpot, after going nine years without acquiring another company, has acquired two so far in 2021.


Medopad rebrands to Huma, makes acquisitions to bolster its AI health monitoring portfolio

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Digital health company Medopad today announced that it's rebranding to Huma and acquiring two companies -- BioBeats and Tarilian Laser Technologies (TLT) -- to add support for new biomarkers to its AI-powered patient monitoring platform. When contacted for comment, a Huma spokesperson declined to disclose the purchase price for the two companies. The acquisitions would appear to be strategic -- increasingly, health systems and hospitals are employing AI-enabled telemedical services to triage and treat patients potentially infected with COVID-19. Huma previously leveraged AI to identify signs of chronic diseases like Parkinson's disease, in partnership with Tencent, but the incorporation of BioBeats' and TLT's technologies will enable it to analyze mental and cardiovascular health data. The thinking goes that the more holistic Huma's platform becomes, the better health outcomes are likely to be.