Health IT Roundup—Hill-Rom to acquire mobile communications company Voalte for $180M

Hill-Rom Holdings, a medical technology company, has entered into a definitive agreement to acquire mobile healthcare communications company Voalte for $180 million. The deal also includes up to an additional $15 million in payments related to the achievement of certain commercial milestones, according to a press release. The acquisition of Voalte accelerates Hill-Rom's leadership in care communications and advances the company's digital and mobile communications platform and capabilities, the company said. Sarasota, Florida-based Voalte was founded in 2008 and currently serves more than 200 healthcare customers with more than 84,000 devices on its mobile platform. The company has annual revenue approaching $40 million and its communications platform, which currently connects 220,000 caregivers, will be integrated with Hill-Rom's care communications business