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Calm acquired Ripple Health Group (RHG), a health technology company, and announced plans for a new product, Calm Health. Financial terms were not disclosed. The Ripple Health Group team will join Calm upon close of the acquisition. David Ko, Ripple Health Group’s chief executive officer (CEO), will serve as Calm co-CEO, alongside Calm co-founder, Michael Acton Smith, upon close of the acquisition. Calm co-founder Alex Tew will move from co-CEO to executive chairman.

With this acquisition, Calm now plans to launch Calm Health, which will replace Calm’s existing employer offering, Calm for Business. Calm . . .

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