San Diego-based GreatCall, a company offering wireless products to aging consumers, announced Thursday that it has acquired the assets of Lively Inc., a connected home health platform for older adults.
San Francisco-based Lively, founded in 2012, developed safety-focused wearable devices in the form of colorful and trendy wristbands and watches. The watch works with Lively’s system of passive activity sensors to alert family members and share daily routines, according to a GreatCall news release.
“As GreatCall looks at consolidating the fragmented active aging space, we see this acquisition as a strategic move for our connected health platform,” said Brian Berning, CFO of GreatCall, in a statement. “We will continue to innovate new products and services but we will also acquire synergistic opportunities. With the sheer number of family caregivers in the U.S. and the aging of Baby Boomers, the need for technology support will increase rapidly. GreatCall is poised to anticipate and respond to that need.”
GreatCall’s other products include Splash, Jitterbug5, Touch3 and other health, safety and medical apps such as Urgent Care, GreatCall Link, MedCoach and 5Star.
Financial details of the acquisition were not disclosed.
