9th Jun 2021 14:13
(Alliance News) - Induction Healthcare Group PLC on Wednesday confirmed its acquisition of video consultation provider Attend Anywhere Pty Ltd.
The health-focused technology firm said it will acquire the company through GBP16.4 million in cash and the issue of 14.3 million shares, valued at around GBP9.5 million.
Melbourne, Australia-based Attend Anywhere allows governments and healthcare organisations, including the NHS, to make make patient video calls.
Induction Joint Chief Executive James Balmain commented: "We are delighted to complete the acquisition of Attend Anywhere which is the latest development in our journey to provide a comprehensive virtual care platform for hospitals, doctors and patients.
"Attend Anywhere extends our existing product set with a mature video consultation platform already being widely used by NHS hospitals across the UK. Critically, it will also deliver Attend Anywhere customers an even higher standard of user support, technical resilience and customer service, via our existing UK based infrastructure."
Induction Healthcare shares were trading at 77.00 pence each on Wednesday afternoon in London, down 3.1%.
By Will Paige; [email protected]
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