Apple Purchases Medical Startup Gliimpse
August 22 2016 - 3:30PM
Dow Jones News
Apple Inc. quietly purchased Gliimpse Inc., a three-year-old
startup that aims to help patients make sense of their medical
records.
The deal was concluded earlier this year, but wasn't confirmed
by Apple until Monday, when Fast Company the acquisition.
"Apple buys smaller technology companies from time to time, and
we generally do not discuss our purpose or plans," an Apple
spokesman said Monday.
As Apple grapples with the first serious slump in iPhone sales
since the product's 2007 introduction, the company is looking to
expand into new areas of business, including health care.
Gliimpse is free for consumers. The company makes money from
health-care providers and software developers who pay for its
data-sharing software and services.
Apple's HealthKit is a data repository that stores data from
mobile devices and the Apple Watch. With Gliimpse, Apple now has an
opportunity to build a platform for data from electronic medical
records, said Brandon Ballinger, the co-founder of Cardiogram, an
Apple Watch app that tracks the wearer's heart rate. "Apple's big
advantage is that they can build it into the [iOS] operating system
alongside engaging data like that from HealthKit," he said.
Write to Robert McMillan at Robert.Mcmillan@wsj.com
(END) Dow Jones Newswires
August 22, 2016 15:15 ET (19:15 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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