ArchiMed Acquires Remote Monitoring Company ActiGraph

Private equity health care specialist, ArchiMed has acquired ActiGraph, a developer of wearable, remote monitoring technology for academic studies and drug trials. ActiGraph provides mobility and sleep tracking hardware, software, and analysis solutions for research-grade monitoring systems. ActiGraph’s monitoring devices resemble watches and can be worn on the wrist, waist ankle, or thigh.

In the all-equity deal, ArchiMed is acquiring 75% of ActiGraph from historic shareholders, including management. Management will retain 10% of the company with other historic shareholders keeping 15%. Financial terms were not disclosed.

ArchiMed is an independent investment firm specialized in the health care . . .