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Exo® Acquires Medo Ai To Make Medical Imaging As Easy As Snapping A Smartphone Photo

Jul 26, 2022about 3 years ago

Acquiring Company

Exo

Acquired Company

Medo AI

Redwood CitySportsCommerce And Shopping

Description

Exo (pronounced “echo”), a pioneering health information and medical devices company, today announced that it is acquiring Medo, a Canadian developer of artificial intelligence (AI) technology, to make ultrasound imaging faster and simpler to use. By integrating Medo’s proprietary Sweep AITM technology into its ultrasound platform, Exo will make ultrasound imaging more accessible to a wider range of caregivers.

Company Information

Company

Exo

Location

Redwood City, California, United States

About

The new funding gives the Redwood City, California-based company over $320 million in total investments since the company was founded in 2015, Exo CEO Sandeep Akkaraju told TechCrunch.

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Integration timeline
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Tech stack consolidation
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Post-acquisition investment
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