Qualcomm Life acquires Capsule, moving it into in-hospital medical device
The companies seem to be a very good fit, because Capsule’s medical device integration and clinical data management platform enables data collection, electronic medical records (EMRs) and health IT system integration and monitoring within an ecosystem of connected devices inside the hospital. Qualcomm Technologies, Inc., a wholly-owned subsidiary of Qualcomm Incorporated, operates, along with its subsidiaries, substantially all of Qualcomm’s engineering, research and development functions, and substantially all of its products and services businesses, including its semiconductor business, QCT.
The acquisition of Capsule extends Qualcomm Life’s connected health offerings into the hospital, ultimately creating a more seamless care continuum from hospital to home and all points in between.
Qualcomm said the acquisition is part of its strategy to expand into more “Internet of Everything” verticals, like healthcare.
The company builds the hardware that translates all the data from the medical devices into digital information. The system can also collect and analyze data about the devices and machines themselves, allowing hospitals to keep an eye on the health of its medical devices.
The Internet of Things (IoT) is revolutionizing how we interact with data and objects in nearly every aspect of life, but some of the most profound opportunities for this technology can be found in the medical sector.
This acquisition helps to further Qualcomm’s aim of becoming one of the largest global “open connected health ecosystems”. With the merge, the officials are looking at providing continuity of care to all patients even if they are already discharged from conventional medical facilities. A spokeswoman for Qualcomm Life said the wireless company would not disclose the number of employees at Capsule, or say how the two companies’ workforces will be combined.
“As health care continues to move outside the hospital, the convergence of hospital-based and remote data has become a key step in helping power new care models”, said Cattarina. He explained this integration will reveal insights that will enable actionable decision-making by providers and activate patients in self-care.