InTouch Health provides an integrated suite of technology, software, purpose-built devices and a secure global network for global health care providers, according to the Teladoc (NYSE:TDOC) press release. Revenues for 2019 are expected to foot to about $80M.
Terms: $150M in cash and $450M in Teladoc common shares. The deal is seen closing in Q2.
Teladoc presents at #JPM20 tomorrow at 12 ET.
Now read: Teladoc: Cautiously Optimistic »
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