Hill-Rom To Acquire Voalte For $195 Million

Chicago, Illinois-based Hill-Rom Holdings (Hill-Rom) recently announced it is acquiring mobile health care communications developer Voalte for up to $195 million. Hill-Rom anticipates that the purchase of Voalte—expected to close during its fiscal third quarter of 2019—will advance its digital and mobile communications platform and capabilities.

To date, Voalte’s mobile platform is on more than 84,000 devices, connecting around 220,000 caregivers and providing them with voice, alarm, and text communications. Voalte believes that by joining Hill-Rom, it will better be able to provide consumers with a single, integrated solution that . . .