Apple Acquired Health Technology Startup

Apple (NASDAQ: AAPL) has acquired a health data startup Gliimpse. According to a report by Fast Company, the buyout happened earlier this year but was now confirmed by Apple. “Apple buys smaller technology companies from time to time, and we generally do not discuss our purpose or plans.” The company’s representatives said.

Gliimpse’s technology was built by a former Apple engineer Anil Sethi, and was designed to collect, personalize, and share health data. In tern the data will help eliminating issues which accrue as a result of information being scattered across multiple healthcare providers.

This acquisition makes sense strategically. After the launch of the Apple smartwatch, it was rumored that giant tech company is working on a wearable medical device, that could collect heart rate, pulse, blood sugar changes data.

Sethi wrote on his LinkedIn page explaining how Gliimpse has started, “As a consumer of healthcare, I leave behind a bread-crumb-trail of medical info wherever I’ve been seen. But, I’m unable to easily access or share my own data. Obamacare is one of several forcing functions federally mandating physicians and hospitals give us our data: meds, labs, allergies… you get the idea. However, there’s no single Electronic Health Record that all physicians use, sigh. Worse, there isn’t even a common file format across a 1000+ systems.”

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