Samsung Takes a Big Step into Digital Health with Xealth Acquisition!

Samsung Electronics announced Tuesday it has inked a deal to acquire Xealth, a U.S.-based digital health care company, in a strategic move to bolster its connected care services across its suite of wearable devices, including Galaxy smartphones, smartwatches, and the upcoming Galaxy Ring.

This acquisition marks a pivotal step in Samsung’s long-term vision for Samsung Health, aiming to seamlessly integrate wellness and medical care to empower Galaxy users in managing their daily health and preventing diseases.

Xealth, founded in 2016 as a spinoff from the major U.S. hospital group Providence Health System, has established itself as a frontrunner in the digital health care platform space. The company boasts partnerships with over 500 hospitals and more than 70 specialized digital healthcare solution providers, covering critical areas such as diabetes management, pregnancy care, and post-surgical recovery.

The Xealth platform offers physicians a comprehensive tool to assess patients’ health status and prescribe or recommend appropriate digital health solutions. It also enables medical professionals to monitor patients’ conditions in real-time, enhancing the quality of care.

Under the terms of the deal, Samsung plans to leverage the Xealth platform to directly link biometric data collected from its wearables to professional medical services. The tech giant also aims to expand its digital health care ecosystem by integrating the platform with smart home appliances, paving the way for tailored health solutions.

Samsung expects to finalize the acquisition by year’s end, signaling a swift integration of Xealth’s capabilities into its existing health technology framework.

“At Samsung, we’re committed to improving global health through our extensive platform that combines cutting-edge technologies with open collaboration across the industry,” said Roh Tae-moon, acting head of Samsung Electronics’ device experience division.

“The acquisition of Xealth, with its deep expertise and vast healthcare network, will serve as a catalyst in accelerating Samsung’s efforts to support health systems and digital health partners through truly connected care solutions.”

This latest move is part of Samsung’s broader strategy to invest in future growth sectors. The company has recently made a series of strategic acquisitions, including Rainbow Robotics, Oxford Semantic Technologies, Sonio, Roon, Masimo’s audio division, and FlaktGroup, further solidifying its position at the forefront of technological innovation.