Livongo Health said yesterday that it bought digital diabetes management company, Diabeto, for an undisclosed amount.
Diabeto sells a connectivity technology called Birdie that plugs into more than 40 different glucose meters, connecting them to Diabeto’s mobile apps and to Livongo’s newly-released apps.
“We’ve heard from the market that, in addition to a comprehensive solution like Livongo, they also wanted options for their people with diabetes who wanted to keep their existing glucose meter,” Livongo CEO Glen Tullman said in prepared remarks. “They told us existing connectivity solutions in the market were too expensive and ineffective. We plan to price the Diabeto at less than half of what those solutions sell for today, making this option much more affordable. We believe Diabeto will enhance what is already the most comprehensive and effective diabetes care management solution on the market today.”
The company said that its partnership with Diabeto will allow it to capture data from other glucose meters and make it more convenient for doctors to treat patients with Type II diabetes.
“If we want to really make life easier for people with diabetes, we have to reduce the hassles they face and make it less expensive for everyone to share information, which is the first step in getting better care,” Diabeto CEO Shreekant Pawar added. “We’re excited to bring our connectivity solution and our customers into the Livongo family.”
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